Nasdaq-listed CaliberCos to pursue long-term investment in LINK

The board of directors of Nasdaq-listed CaliberCos (CWD) has approved a cryptocurrency investment strategy and announced plans to make a long-term investment in Chainlink (LINK). The company will form a dedicated committee of cryptocurrency experts to execute and manage the investment policy. CaliberCos plans to use its cash reserves, an Equity Line of Credit (ELOC) program, and the issuance of equity-based securities to acquire its LINK holdings.