Caliber Shares Surge 77% After Debut of Chainlink Treasury


Caliber Shares Surge 77% After Debut of Chainlink Treasury
Image source: CoinToday
- Caliber pivots to Chainlink (LINK) digital asset treasury. - Stock surges 77% despite Nasdaq delisting risks. On August 28, 2025, Cointelegraph reported that Caliber’s stock soared 77% following its announcement of a Chainlink treasury initiative. This surge occurred even as the Nasdaq-listed firm faces delisting risks. Caliber, a real estate asset management company, revealed a strategic shift to adopt a Chainlink (LINK) digital asset treasury. This development comes during a challenging period for the company, which is struggling to meet the minimum stockholder equity requirement of $2.5 million, raising concerns about a potential delisting from Nasdaq. Caliber’s board of directors approved the new treasury policy, which allocates a portion of company funds to purchase LINK tokens. In addition, the company created a crypto advisory board to oversee its digital asset strategy. This move appears to be an effort to offset a $17.6 million equity deficit that led Nasdaq to issue a non-compliance notice. Under exchange rules, Caliber has 45 days to present a compliance plan. If approved, the company will have up to 180 days to resolve the equity shortfall. Adopting a crypto treasury reflects a broader trend of corporations using altcoins to bolster their financial stability. For example, Trump Media and Technology Group established a $6.4 billion Cronos (CRO) treasury, while Sharps Technology saw its shares nearly double after announcing a $400 million Solana (SOL) treasury. However, such strategies carry risks. Windtree Therapeutics, a biotech company with a BNB treasury, provides a cautionary tale. Its stock price dropped 77%, and it received a Nasdaq delisting notice due to compliance issues. According to CoinMarketCap, as of 18:09 UTC on August 28, Chainlink (LINK) was trading at $24.85, representing a 1.44% increase in 24-hour trading volume.
Article Info
Category
Market
Published
2025-08-28 18:14
NFT ID
PENDING
News NFT detail

Get the latest news in your inbox!


Recommended News

About Us

 | Contact Us | 

Privacy Policy

 | 

RSS