CaliberCos Stock Soars 2,500% on Chainlink LINK Treasury Strategy
CaliberCos Inc. (CWD) shares experienced a historic rally, surging between 850% and 2,500% intraday following the announcement of a Digital Asset Treasury strategy focused on chainlink (LINK) token acquisitions. The Arizona-based company becomes the first Nasdaq-listed firm to publicly implement a Chainlink-centric treasury policy, highlighting increasing institutional crypto adoption.
Trading volume skyrocketed to 79 million shares—eight times the 9.6 million daily average—as the stock reached a peak of $56 before closing at $7.60. The strategy involves gradual LINK accumulation utilizing equity credit lines, cash reserves, and securities, managed by a specialized crypto Advisory Board.
Despite the dramatic surge, CWD remains down 80% year-over-year amid ongoing financial challenges. The market's intense reaction demonstrates how crypto-integrated corporate strategies are now driving extreme volatility in traditional equities.