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Wajeeh Khan

This Penny Stock Is Betting Big on a Chainlink Treasury Strategy. Should You Buy Shares Here?

Chainlink Link Crypto

CaliberCos (CWD) shares soared nearly 90% on Thursday after announcing plans of using part of its cash reserves to load up on Chainlink (LINKUSD) as part of a broader crypto treasury strategy. 

According to Chris Loeffler, the company’s chief executive, this decision transforms CWD into a “diversified alternative asset manager” offering investors exposure to both “real and digital asset infrastructure.”

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