Chainlink LINK Acquisition Sends CaliberCos Stock Soaring 850% as Digital Asset Treasury Strategy Kicks Off
CaliberCos (CWD) shares exploded 850% on Tuesday after the real estate and digital asset management firm announced its initial purchase of chainlink (LINK) tokens. This marks the first phase of the company's Digital Asset Treasury (DAT) Strategy, designed to accumulate LINK gradually for long-term appreciation and staking yield generation.
Funding for the acquisitions will be sourced from equity lines of credit, cash reserves, and equity-based securities. CEO Chris Loeffler stated, "Each acquisition reinforces our conviction in Chainlink as the critical infrastructure bridging blockchain with real-world assets." The strategy emphasizes dollar-cost averaging to optimize market entry.
The announcement follows Eightco's (OCTO) similar initiative to establish a crypto treasury through Worldcoin (WLD) purchases. Both cases highlight growing institutional adoption of tokenized treasury strategies in traditional finance.