One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash

Eightco Holdings carried a $207.6 million cumulative unrealized loss on its position in Worldcoin’s WLD token at June 30 as the customer responsible for about 99% of its operating revenue deteriorated, creating two distinct pressure points for Eightco’s WLD treasury and operations. The company held 283.45 million WLD with a $322.7 million cost basis and a $115.1 million fair value, according to its Aug. 7 quarterly f…