CaliberCos completes initial purchase of Chainlink tokens

Caliber announced it has completed its initial purchase of Chainlink tokens as part of its system test transaction. The Company intends to fund its LINK acquisitions through its existing ELOC, cash reserves, and through the issuance of equity-based securities. This marks the Company’s first transaction under its previously announced Digital Asset Treasury Strategy, which seeks to accumulate LINK in increments with consistent purchases over time and a stated objective of generating long-term appreciation and current yield through staking. “Caliber’s Digital Asset Treasury strategy represents a disciplined, institutional approach to building a LINK position,” said Chris Loeffler, Chief Executive Officer of Caliber. “We have made our first purchase to test our systems and ensure we are well-positioned to manage the custody, tax, accounting, governance, and similar considerations underpinning our internal infrastructure.”