In a plot twist worthy of a Mel Brooks remake of “The Wolf of Wall Street,” Caliber (NASDAQ: CWD)-your friendly neighborhood real estate wranglers in Scottsdale, Arizona-saw their stock do the cha-cha up 80%, landing at $2.93. Why? Because they announced their brilliant new master plan: Channeling their inner crypto bros, they’re stacking Chainlink (LINK) tokens for the long haul and some extra staking goodies. Mazel tov! 💃📈
Of course, in true Wall Street fashion, reality hit the party like an uninvited mother-in-law. The shares eased back down to $2.65 (only up 56% now, yawn). The board had approved this digital treasure hunt, hoping to dazzle investors with their bold, new crypto trick.
So how’s Caliber gonna pay for its shiny new digital piggy bank? That’s easy! They’ll just dip into their equity line (it’s like a giant pocket, trust me), cash reserves, and maybe-just maybe-print up some shiny new equity-based securities. The more ways to pay, the merrier. Diversification? That’s fancy talk for, “We’re not putting all our eggs in one crypto basket.” 🥚🍳
Introducing: The Crypto Brain Trust (Now With 100% More Lawyers)
Caliber’s rolling out the red carpet for their brand-spanking-new Caliber Crypto Advisory Board. Expect a cocktail party of blockchain know-it-alls and legal eagles-because, let’s face it, when you start playing with crypto, you want someone to explain which buttons NOT to press (and which laws NOT to accidentally break). 🚀💼
CEO Chris Loeffler stepped up, press release in hand, and declared, “This is a natural evolution for Caliber and aligns us with the future of digital finance.” Translation: We want to look cool at nerd conferences AND real estate seminars.
He put it plainly (with only a touch of nonchalance): “We’re not just selling you hotels and apartments anymore-we also dabble in blockchain magic. Eat your heart out, other property companies.” So now, with over $2.9 billion in real estate-think hotels, apartments, factories and probably a few haunted warehouses-they’re shaking the investor tree for anyone who thinks blockchain is the next sliced bread. 🍞🏢
Caliber reminded everyone that Chainlink’s already rubbing elbows with big names: Mastercard, SWIFT, DTCC. It’s like being friends with the popular kids but still sitting at the nerd table.
And finally, as every good company does, Caliber wrapped it up with corporate cheerleading. “The Board believes the DAT strategy and DAT Policy can enhance shareholder value while strengthening the Company’s balance sheet and improving liquidity.” Translation: It’ll make everyone feel rich! Or at least richer than before. 🥂💰
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2025-08-28 22:45