Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 73

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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 from realizing positive returns and could severely hurt our
financial condition.

We
intend to purchase more WLD, the price of which has been, and will likely continue to be, highly volatile. Our operating results and
share price may significantly fluctuate, including due to the highly volatile nature of the price of such digital assets and erratic
market movements.

We
intend to purchase or otherwise acquire more WLD for the furtherance of our digital asset treasury operations. Digital assets, such as
WLD, generally are highly volatile assets, including as a result of shifts in market sentiment, speculative trading, macroeconomic trends,
technology-related disruptions and regulatory announcements. Our operating results and share price may significantly fluctuate, including
due to the highly volatile nature of the price of such digital assets and erratic market movements. In addition, digital assets do not
pay interest or other returns, unless utilized in financial applications, and so the ability to generate a return on investment from
the net proceeds of any capital raising activities will depend on whether there is appreciation in the value of digital assets following
our purchases, which is highly speculative. Future fluctuations in digital asset trading prices may result in our converting digital
assets into cash with a value substantially below what we paid for such digital assets. There is no guarantee that digital assets such
as WLD will continue to represent any measure of value. Any decreases in the value of WLD could have a material adverse effect on our
financial condition and results of operations. See also “—Ownership of WLD is believed to be highly concentrated.”

The
concentration of our WLD holdings enhances the risks inherent in our Worldcoin-focused strategy.

The
intended concentration of our WLD holdings limits the risk mitigation that we could achieve if we were to purchase a more diversified
portfolio of treasury assets, and the absence of diversification enhances the risks inherent in our Worldcoin-focused strategy. Any future
significant declines in the price of WLD could have a pronounced impact on our financial condition than if we used our cash to purchase
a more diverse portfolio of assets. See also “—Ownership of WLD is believed to be highly concentrated” and “—We
intend to purchase WLD, the price of which has been, and will likely continue to be, highly volatile. Our operating results and share
price may significantly fluctuate, including due to the highly volatile nature of the price of such digital assets and erratic market
movements.”

41

In
connection with our WLD treasury strategy,