Caliber (Nasdaq: CWD) has announced its preliminary financial results for Q3 2025, highlighting a significant improvement in its balance sheet. The company expects cash reserves to be between $10 million and $11 million, a substantial increase from $600,000 in Q2. Additionally, Caliber has accumulated LINK reserves valued at $9 million to $10 million, marking a strategic shift as it becomes the first Nasdaq-listed company to base its reserve strategy on Chainlink.
This financial strengthening is attributed to Caliber's digital asset reserve strategy, which includes $28.9 million in equity financing and targeted LINK asset acquisitions. CEO Chris Loeffler stated that the strategy is designed to build one of the largest LINK reserves among listed companies, thereby enhancing liquidity and aligning with the growth of digital assets. The company plans to release its final Q3 results around November 13, 2025.
Caliber Reports Q3 2025 Preliminary Results with Enhanced Cash and LINK Reserves
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.