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CaliberCos Launches Chainlink Treasury With Test Purchase as CWD Shares Whipsaw

The company plans gradual LINK accumulation funded by credit lines, cash plus potential equity issuance.

Overview

  • Caliber said it completed its first LINK buy as a system test to validate custody, tax, accounting and governance controls.
  • The Digital Asset Treasury targets steady accumulation and potential staking yield over time, and the company says it is the first Nasdaq-listed firm to center reserves on Chainlink.
  • Management outlined funding from an existing equity line of credit, available cash and equity-based securities.
  • The company did not disclose the amount of LINK acquired and indicated further updates would come as the program develops.
  • CWD saw extreme intraday volatility after the announcement, with reports citing peak gains from about 856% to as high as 2,500% on unusually heavy volume.