US Stock LINK Treasury Strategy Company Caliber Completes First LINK Token Purchase

BlockBeats News, September 9th, according to globenewswire, diversified real estate and digital asset management platform Caliber (NASDAQ code: CWD) announced today that it has completed the first purchase of Chainlink (LINK) tokens as part of its system test transactions. The company plans to fund the purchase of LINK through existing revolving credit facilities (ELOC), cash reserves, and the issuance of equity-based securities.

This marks Caliber's first transaction under its previously announced digital asset treasury strategy. The strategy aims to gradually accumulate assets through ongoing phased purchases of LINK, with the dual objectives of long-term appreciation through staking and current yield.