CaliberCos (CWD) saw a nearly 2,000% increase in shares after revealing a Chainlink (LINKUSD) token purchase for its digital asset treasury strategy. Despite a significant pullback, the stock remains up 600% from its YTD low. The move positions CWD as a speculative play in crypto adoption, potentially benefiting from institutional interest and staking yield. CWD is the only Nasdaq-listed company with reserves in LINK. However, the stock is highly speculative, volatile, and lacks institutional oversight, making it risky for long-term investors.

Read more at Yahoo Finance: This Penny Stock Just Surged 2,000% on a Chainlink Crypto Bet. Should You Buy Its Stock Here?