CaliberCos acquires Chainlink tokens worth $2.0M

Published 3 weeks ago Positive
CaliberCos acquires Chainlink tokens worth $2.0M
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CaliberCos (NASDAQ:CWD [https://seekingalpha.com/symbol/CWD]) said [https://seekingalpha.com/pr/20268339-caliber-continues-to-increase-chainlink-link-token-exposure-with-an-additional-2_0-million] on Thursday that the real estate and digital asset management platform has acquired $2.0M worth of Chainlink (LINK-USD [https://seekingalpha.com/symbol/LINK-USD]) tokens.

The first Nasdaq-listed company to publicly adopt a treasury strategy anchored in LINK said it acquired 94,903 tokens at an average price of $21.07. LINK-USD was trading +1.80% higher at $18.39 pre-market.

CWD shares were +1.26% to $4.03.

The acquisition builds on CaliberCos' Chainlink digital asset treasury strategy, with the total holdings reaching 562,535 tokens valued at ~$10.1M.

MORE ON CALIBERCOS

* Caliber sells $15.9M in preferred stock, activates ATM program [https://seekingalpha.com/news/4495612-caliber-sells-159m-in-preferred-stock-activates-atm-program]
* Seeking Alpha’s Quant Rating on CaliberCos [https://seekingalpha.com/symbol/CWD/ratings/quant-ratings]
* Historical earnings data for CaliberCos [https://seekingalpha.com/symbol/CWD/earnings]
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