Core Insights - Caliber has reported substantial improvements in its balance sheet, liquidity position, and stockholders' equity due to its Digital Asset Treasury (DAT) strategy [2][3] - The company raised approximately $28.9 million in new equity, significantly enhancing its financial standing and reducing stockholders' deficit [2][3] Financial Performance - Estimated cash for Q3 2025 is projected to be between $10.0 million and $11.0 million, a significant increase from $0.6 million in Q2 2025 [2] - LINK Treasury is estimated to be between $9.0 million and $10.0 million, compared to no holdings in Q2 2025 [2] - Total new equity raised includes $13.0 million in common stock and $15.9 million in Series B preferred stock, netting $26.2 million after equity issuance costs [2] Strategic Initiatives - The DAT strategy involves disciplined, dollar-cost-averaged purchases of Chainlink ($LINK) to capture long-term appreciation and staking yield [3] - Caliber aims to create one of the largest LINK treasuries held by a public company, enhancing its balance sheet and liquidity options [4][3] - This strategy positions Caliber at the intersection of real asset infrastructure and digital asset infrastructure, providing transparent participation in the LINK ecosystem [3] Company Overview - Caliber is an alternative investment manager with over $2.9 billion in managed assets and a 16-year track record in private equity real estate investing [7] - The company became the first U.S. public real estate platform to launch a Digital Asset Treasury strategy anchored in Chainlink in 2025 [7]
Caliber Reports Preliminary Third Quarter 2025 Results