Meme stock OPEN surged 80% in a single day, and Bitcoin OG Pompliano also stepped in to assist.

One of the hottest "meme stocks" in the current US stock market is undoubtedly Opendoor Technologies (stock code OPEN). This technology company, which focuses on online real estate transactions, saw its stock price surge from less than 1 dollar in mid-July to 10.52 dollars. Even Bitcoin OG Anthony Pompliano and several KOLs have bought in, and the stock price has risen steadily with the help of social media.

OPEN announced a new CEO, and the stock price responded with a pump of 80%.

Opendoor Technologies, a technology company focused on online real estate transactions, previously launched an innovative real estate trading model called iBuying, which was popular among consumers in the real estate market after the lockdown at the beginning of the COVID-19 pandemic. However, as interest rates began to rise in mid-2022, the company's business started to struggle, leading its stock price to nearly face delisting from Nasdaq four months ago. Former CEO Carrie Wheeler resigned a few weeks ago under strong pressure from shareholders.

Opendoor co-founders Keith Rabois and Eric Wu announced their return to the board and appointed Shopify's Kaz Nejatian as CEO, causing OPEN's stock price to rise by 79.52%, with a year-to-date increase of 547%.

Bitcoin OG Anthony Pompliano also bought OP

Toronto hedge fund manager Eric Jackson previously purchased shares of Opendoor at around 70 cents per share and posted a series of bullish posts on social media, calling for a target price of $82, encouraging investors to buy the company's stock, which sparked a frenzy among retail investors for the stock in July.

Bitcoin OG Anthony Pompliano also bought OPEN stocks, and he explained the compensation system of the new CEO, expressing strong optimism about the stock price!

"Unless he can significantly pump the stock of OPEN, Opendoor only pays him 1 dollar a year. If he can push the stock price to 82 dollars per share, he could personally end up with about 6 billion dollars in profit. What do you think will happen?"

Let me explain something to all the $OPEN naysayers.

The company just hired a guy making a gazillion dollars at Shopify.

They are paying him $1 per year unless he can make Opendoor stock appreciate a significant amount.

For example, if he gets the stock to $82/share, he ends…

— Anthony Pompliano (@APompliano) September 11, 2025

This article discusses the meme stock OPEN soaring 80% in a single day, with Bitcoin OG Pompliano also stepping in to assist, first appearing in Chain News ABMedia.