CaliberCos Embraces Chainlink, Stock Soars Amid Financial Challenges
CaliberCos, a struggling real estate firm, has adopted Chainlink as a treasury reserve asset, leading to a remarkable stock surge of 77%. This strategic pivot towards digital assets comes as the company faces potential delisting from Nasdaq due to financial difficulties. The announcement has revitalized investor confidence, marking a significant turnaround for the firm.
CaliberCos Embraces Chainlink, Stock Soars Amid Financial Challenges
CaliberCos, a struggling real estate firm, has adopted Chainlink as a treasury reserve asset, leading to a remarkable stock surge of 77%. This strategic pivot towards digital assets comes as the company faces potential delisting from Nasdaq due to financial difficulties. The announcement has revitalized investor confidence, marking a significant turnaround for the firm.
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