Real estate management firm Caliber (NASDAQ: CWD) has made headlines after announcing a bold move into the world of cryptocurrency. On Thursday, the Scottsdale-based company revealed its board has approved a Digital Asset Treasury (DAT) strategy, centered on acquiring and holding LINK tokens—the native cryptocurrency of the Chainlink network.
Caliber to Purchase LINK Using Equity Funds
Caliber plans to use equity funds to purchase LINK, adding it to its balance sheet as a long-term digital asset. In addition to simply holding the token, the company also intends to generate yield through staking, a popular strategy that allows crypto holders to earn passive income by participating in network security and operations.
This shift marks a significant diversification for the traditionally non-crypto business, and positions Caliber alongside a growing number of small-cap Nasdaq-listed firms venturing into digital assets as part of broader treasury management strategies.
Shares Surge Over 60% on Crypto Announcement
Following the announcement, Caliber’s stock surged over 60%, trading at approximately $2.90 by late morning, according to Yahoo Finance. The stock rally pushed the company’s market capitalization to around $6.8 million. This sharp rise reflects investor enthusiasm for businesses integrating crypto into their financial playbook—particularly those willing to take a long-term view.
Industry analysts point out that Digital Asset Treasury strategies can provide exposure to high-growth digital assets and potential income through staking. However, they also caution that this approach carries risks, including price volatility and regulatory uncertainties.
Still, Caliber’s move signals a broader trend: traditional companies are increasingly exploring digital assets not just for speculative gains, but also for diversification and new income streams. As more firms consider crypto adoption, strategies like these may continue gaining momentum—especially among smaller, agile public companies.
