Caliber, a small-cap real estate management company listed on Nasdaq, has become the latest firm to pivot toward crypto with a digital asset treasury (DAT) strategy. Its board approved plans to accumulate Chainlink’s LINK token for long-term holding and staking yield.
The move comes as a growing number of micro- and small-cap companies on Nasdaq experiment with altcoin-focused treasury strategies, betting that crypto accumulation can boost shareholder value and improve balance sheet strength. Caliber’s stock surged more than 60% Thursday following the announcement, lifting its market cap to about $6.8 million.
Funding for the LINK purchases will come from Caliber’s existing equity line of credit (ELOC), cash reserves, and new equity-based securities issuance. The company said it expects staking rewards to generate yield in addition to price appreciation.
The announcement echoes broader trends: altcoin treasury adoption has accelerated in recent weeks, drawing attention from both investors and regulators. While DATs create immediate buy-side demand for tokens like LINK, some industry voices have warned about the speculative risks of tying corporate balance sheets to volatile assets.
The timing is notable, as it follows Bitwise Asset Management’s filing with the SEC earlier this week to launch a LINK exchange-traded fund, further elevating Chainlink’s profile among institutional investors.
