US stocks unusual move | Completing the first purchase of Chainlink token CaliberCos (CWD.US) surged more than 12 times
According to the WiseFinance APP, on Tuesday, CaliberCos (CWD.US) opened with an explosive increase of more than 12 times, reaching a two-year high of $30.55. On the news front, on September 9, the company announced that it had 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 the issuance of equity securities. This marks the company's first transaction under its previously announced Digital Asset Treasury (DAT) strategy, which aims to gradually accumulate LINK through continuous purchases, with the goal of generating long-term appreciation and current income through staking.
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