US Stock Movement | Completed First Purchase of Chainlink Token, CaliberCos Rises Over 12 Times

Techub News reports that according to Zhitong Finance, CaliberCos(CWD.US) opened with a big pump of over 12 times, reaching a new two-year high at $30.55. On September 9, the company announced that it has completed its first purchase of Chainlink(LINK) tokens as part of its system testing transactions. The company plans to fund its LINK acquisition through existing ELOC, cash reserves, and issuance of equity securities. This marks the first transaction under the company's previously announced digital asset fiscal(DAT) strategy, which aims to accumulate LINK incrementally through continued purchases, targeting long-term appreciation and current income through staking.

Caliber CEO Chris Loeffler stated that Caliber's digital asset financial strategy represents a rigorous institutional approach to building a LINK position. We made our first purchase to test our system and ensure we are well-positioned in managing custody, taxes, accounting, governance, and similar internal infrastructure.

LINK-1.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)