Caliber, a real estate asset manager who trades in the stock market under the CWD symbol, has decided to integrate Chain Link Cryptocurrency (Link) from the Oráción network of the same name into its financial strategy.
We have formally approved a policy establishing a “disciplined framework” for the acquisition, management and management of digital assets. There’s a first approach to buying a link and keep it as a long-term reservation As pointed out in the statement, it produces yields through staking.
Unlike other companies, Caliber uses its resources to fund these acquisitions without relying on debt.
The decision not only allows calibers to diversify their balance, but also utilize the ChainLink network to optimize key processes such as assets and fund management, the company says.
The company believes that the link offers long-term valuation possibilities, tailored to its purpose as a liquid digital asset, to strengthen its financial position. On top of that, This strategy includes active participation in the ChainLink ecosystem To maximize the profitability of your holdings.
Meanwhile, the announcement of this strategy has significantly accelerated the price of caliber actions. From $1.68 to $3.47, an increase of 106%In one day, it was later adjusted to $2.73, as can be seen in the following graph.
The move, as Cryptootics knows, reflects the growth trends of public and private companies that have incorporated Bitcoin (BTC) and cryptocurrency into the Ministry of Finance. The strategy led by Michael Saylor already held 632,457 BTC through debt emissions, but Bitmine Immersion Technology stood out at the Treasury to accumulate Ethereum cryptocurrency.
