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

A notable development has hit the crypto markets. 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.

Market Dynamics

WLD accounted for 50. 5% of Eightco’s $228. 0 million digital-asset portfolio.

The company reported no operating revenue from the portfolio during the period. Those numbers are a June 30 accounting snapshot, not a current mark of the WLD treasury. Eightco said in an Aug.

6 company update that its WLD balance had risen to 301. 97 million tokens as of Aug. 31 price displayed by ’s WLD market page on Aug.

Market Impact

8, the June 30 quantity implied a value of about $87. 9 million, roughly $234. 8 million below its filed cost basis.

That is illustrative market arithmetic, not a current reported accounting loss. The company did not disclose the cost or funding source for the additional 18. 52 million tokens, so the current position’s aggregate cost basis cannot be determined.

Related Reading Sam Altman's Worldcoin cuts WLD unlocks by 43% but 4. 9B tokens still need to prove demand Daily unlocks fall 43% on July 24 while nearly half WLD's total supply was already unlocked by April. Jul 9, 2026 Liam 'Akiba' Wright The operating problem is more immediate than the WLD treasury’s accounting loss.

This shift continues to shape the digital-asset landscape, with analysts examining its near-term effects.