It gives 3.2 mg/mL, and whether that is sensible depends on the dose you will draw from it. 8 ÷ 2.5 = 3.2 mg/mL in sterile water for injection. A 0.5 mg dose is then 15.6 units on a U-100 barrel and a 1 mg dose is 31.3 units. Both land in a readable part of the barrel, which is the whole point of choosing the volume deliberately.
Concretely, the relevant arithmetic is concentration equals vial content divided by diluent volume, and content is not the same as label claim.
Dead-space loss scales with the number of draws, not with the concentration, so a lower concentration spread over more draws loses proportionally less of the total peptide.
Stated carefully, vial headspace is the hard constraint. A nominal 2 mL vial typically holds a little over 2 mL to the shoulder; adding 3 mL is not an option and attempting it wastes the lot.
Published content assay results across the independent testing services show nominal and measured content differing by one to ten per cent, which makes content the dominant term in dose error.
The caveat is that this arithmetic assumes the vial contains what the label says, and without a content assay it is precise about an unknown quantity.
Measure a volume you can actually measure. Round numbers, real syringes.