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Benzinga
Benzinga
Business
Evette Mitkov

CaliberCos Stock Gains Momentum On Chainlink Treasury Strategy Moves

Caliber Chainlink Nasdaq Crypto
Bitcoin,Btc,Cryptocurrency,Coin,With,Altcoin,Digital,Crypto,Currency,Tokens,

CaliberCos Inc (NASDAQ:CWD) shares are gaining traction on Wednesday after the company provided an update related to its crypto treasury strategy.

What Happened: CaliberCos, a diversified real estate and digital asset management platform, said it closed a $15.9 million securities purchase agreement with an institutional investor for Series B perpetual convertible preferred stock. The company also activated an At-The-Market (ATM) equity program under its existing $50 million shelf registration.

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