CWD Stock Soars 130% After Initial Chainlink Purchase

Shares of CaliberCos (NASDAQ:CWD) surged 130% Tuesday after the company disclosed completion of its first purchase of Chainlink (LINK) tokens under its new Digital Asset Treasury strategy.

In a bold pivot toward digital assets, CaliberCos tested its treasury systems by acquiring an undisclosed amount of LINK, marking the first step in a plan to build a significant token reserve.

Why It Matters

• CaliberCos becomes the first Nasdaq-listed firm to adopt a treasury reserve policy focused on Chainlink.
• Digital Asset Treasury (DAT) strategy aims for long-term appreciation and staking yields.
• Purchases will be funded via existing credit facilities, cash reserves, and equity issuance.

Strategic Shift to Digital Assets CaliberCos CEO Chris Loeffler called the initial LINK purchase a “system test” to validate custody, tax, accounting, and governance infrastructure for future acquisitions. The company plans consistent, incremental LINK buys to establish a material position over time.

Market Reaction and Outlook Trading volume exploded as retail sentiment swung bullish, with pre-market gains indicating the biggest one-day jump on record for CWD. While precise purchase details remain undisclosed, CaliberCos insists future LINK acquisitions will proceed transparently, reinforcing its dual focus on real-asset and digital-asset management.