Caliber (NASDAQ:CWD) stock jumped 130% following the company’s announcement that it completed its inaugural purchase of Chainlink (LINK) tokens as part of its Digital Asset Treasury (DAT) Strategy.
The real estate and digital asset management firm described the transaction as a “system test,” marking the launch of its plan to gradually accumulate LINK tokens over time. Caliber intends to finance these acquisitions using its existing ELOC, cash reserves, and equity-based securities.
“Caliber’s Digital Asset Treasury strategy represents a disciplined, institutional approach to building a LINK position,” said Chris Loeffler, Chief Executive Officer of Caliber. “We have made our first purchase to test our systems and ensure we are well-positioned to manage the custody, tax, accounting, governance, and similar considerations underpinning our internal infrastructure.”
The company plans to make regular purchases to establish a meaningful LINK position in its treasury, aiming to achieve long-term appreciation and current yield through staking. Caliber says it is the first Nasdaq-listed firm to publicly declare a treasury reserve strategy focused on Chainlink.
Through this initiative, Caliber seeks to give shareholders transparent exposure to LINK while positioning itself at the intersection of real asset and digital asset infrastructure.
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