Caliber’s Chainlink LINK Treasury Strategy Sparks 80% Stock Surge

Real estate management firm Caliber (NASDAQ: CWD) experienced an 80% stock price surge to $2.93 in early trading following the announcement of a digital asset treasury strategy focused on acquiring chainlink (LINK) tokens for long-term holding and staking rewards. The Scottsdale-based company's shares later stabilized at $2.65, maintaining a solid 56% gain after board approval of the crypto diversification initiative.

Caliber will finance this strategic MOVE through its existing equity line of credit, cash reserves, and potential issuance of new equity-based securities. The firm views LINK holdings as a method to diversify its treasury while gaining exposure to a rapidly expanding blockchain network that serves as a fundamental infrastructure for decentralized finance.

To manage this new direction, Caliber established a specialized crypto advisory board consisting of blockchain experts and legal professionals. The company described this move as "a natural evolution" that will strengthen its financial position and generate additional cash flow through staking rewards.