Caliber Adds $4 Million In Chainlink But $70 Million In Outflows Endanger Treasury Bet
Caliber Inc. (NASDAQ: CWD) has purchased $4 million in Chainlink (CRYPTO: LINK) tokens, expanding its treasury exposure to $10 million, according to a company press release.
Caliber Bets Big On Chainlink Treasury Strategy
The Arizona-based investment platform acquired 183,421 LINK at an average price of $21.81, bringing its total holdings to 467,632 tokens worth about $10.1 million.
The move continues Caliber’s Digital Asset Treasury strategy, which focuses on steady accumulation and staking yield.
Caliber CEO Chris Loeffler said Chainlink offers “critical infrastructure that powers the future of finance, DeFi, and tokenized assets,” stressing that the company aims to build one of the largest LINK treasuries held by a public company.
Chainlink Reserve Quietly Scoops Up More Tokens
According to the official Chainlink Reserve update on X, the Chainlink Reserve accumulated 47,903 LINK on Sep. 25, bringing total holdings to 371,019 tokens.
The facility uses revenue from Chainlink services to steadily …