Core Insights - Caliber has completed a strategic purchase of $2.0 million in Chainlink (LINK) tokens, increasing its holdings to 562,535 tokens valued at approximately $10.1 million, reinforcing its Digital Asset Treasury (DAT) Strategy [1][2]. Group 1: Acquisition Details - The company acquired 94,903 LINK tokens at an average price of $21.07 per token, including fees and expenses [2]. - This acquisition is part of Caliber's strategy to grow its LINK DAT through disciplined, incremental purchases over time [2][3]. Group 2: Digital Asset Treasury Strategy - Caliber's DAT Strategy focuses on gradual acquisitions to dollar-cost-average its LINK purchases while aiming for long-term appreciation and staking yield [3]. - The company intends to build one of the largest LINK treasuries held by a public company [3]. Group 3: Market Position - Caliber is the first Nasdaq-listed company to adopt a treasury strategy anchored in LINK, providing shareholders with transparent, mark-to-market exposure to LINK [4]. - This initiative positions Caliber at the intersection of real asset infrastructure and digital asset infrastructure [4]. Group 4: 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 [5]. - In 2025, Caliber became the first U.S. public real estate platform to launch a Digital Asset Treasury strategy anchored in Chainlink (LINK) [5].

Stockholders’ Equity & Liquidity Show Substantial ImprovementsSCOTTSDALE, Ariz., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Caliber (Nasdaq: CWD), a diversified real estate and digital asset platform, today announced certain estimated preliminary financial results for the third quarter ended September 30, 2025. "Our estimated Third Quarter results highlight a dramatically improved balance sheet driven by our DAT strategy,” said Chris Loeffler, Chief Executive Officer of Caliber, “The material quarter over quarter im ...

to talk global markets right now. Joining us in her first Squawkbox appearance is Robin Grrew. She is the CEO of Mangroup.That's a global alternative investment management firm with more than $193 billion in assets under management. Robin, first of all, welcome. Um, it's good to have you on the show.Thank you very much for having me. Let's talk a little bit about what's happening with global markets right now. What are your views on this.I think it's a time where you're seeing volatility, you're seeing disp ...

Core Insights - Caliber has completed a strategic purchase of $4.0 million in Chainlink (LINK) tokens, enhancing its Digital Asset Treasury (DAT) Strategy and commitment to blockchain innovation [1][2] - The acquisition of 183,421 LINK tokens at an average price of $21.81 per token increases Caliber's total LINK holdings to 467,632 tokens, valued at approximately $10.1 million [2] - The CEO of Caliber emphasized the importance of Chainlink as critical infrastructure for the future of finance and DeFi, highlighting the investment opportunity for shareholders [3] Company Strategy - Caliber's DAT Strategy focuses on gradual acquisitions to dollar-cost-average LINK purchases, aiming for long-term appreciation and staking yield [4] - The company intends to build one of the largest LINK treasuries held by a public company, positioning itself at the intersection of real and digital asset infrastructure [4][5] - Caliber is the first Nasdaq-listed company to adopt a treasury strategy anchored in LINK, providing shareholders with transparent exposure to LINK [5] Company Background - 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 [6] - In 2025, Caliber became the first U.S. public real estate platform to launch a Digital Asset Treasury strategy anchored in Chainlink (LINK) [6] - The initiative allows investors to participate through Caliber's publicly traded equity and private real estate funds [6]

Core Insights - The company reported a strong performance in its merger arbitrage strategy, achieving a return of +5.5% before expenses in Q2 2025 and +9.4% for the first half of the year, marking the best first-half performance in over 25 years [1] - The company anticipates vibrant M&A activity for the remainder of the year [1] - Assets Under Management (AUM) increased to $1.34 billion as of June 30, 2025, up from $1.27 billion at March 31, 2025 [1][3][8] - The book value per share rose to $43.30 at the end of the quarter, compared to $42.51 at the end of Q1 2025 [1][3] Financial Performance - Total revenues for Q2 2025 were $2.2 million, down from $2.6 million in Q2 2024 [4][32] - The company experienced an operating loss before management fees of $5.2 million in Q2 2025, compared to a loss of $3.2 million in Q2 2024 [5][33] - Net investment and other non-operating income surged to $32.9 million in Q2 2025, compared to $7.3 million in Q2 2024, driven by merger arbitrage investments [6][33] - Net income for Q2 2025 was $18.6 million, significantly higher than $3.0 million in Q2 2024, with net income per share increasing to $0.88 from $0.14 [2][32] M&A Activity and Outlook - Global M&A activity exceeded $1 trillion in Q2 2025, reflecting a 3% increase from Q1 2025 and a 33% increase year-over-year [14] - The company expects ongoing M&A activity to be supported by a more favorable antitrust environment and pent-up demand from acquirers [15] - Recent regulatory changes in the U.S. and abroad are anticipated to create a more favorable environment for merger arbitrage investing [16] Shareholder Actions - The Board authorized the repurchase of up to an additional 150,000 shares [1] - The company repurchased 21,241 Class A shares for $0.8 million during Q2 2025, with a total of 60,259 shares repurchased for $2.2 million in the first half of the year [22][23] - A semi-annual dividend of $0.10 per share was declared and paid to shareholders [22]

Core Insights - Rothschild & Co Redburn raised Blackstone's price target from $144 to $168 while maintaining a 'Neutral' recommendation [1] - Keefe, Bruyette & Woods (KBW) also increased its price target for Blackstone from $168 to $180 following stronger-than-expected quarterly earnings [3] - Blackstone's stock price is currently trading at $176, slightly below the new target, and has seen a year-to-date increase of 2.4% despite a recent 0.7% decline [1][3] Financial Performance - KBW highlighted higher-than-forecast fee-related earnings and net realizations as key drivers behind a $0.10 per-share earnings beat [4] - Blackstone reported a 100% gross margin and 37% revenue growth over the past year, indicating a strong financial position [4] - KBW raised forward projections for Blackstone's stock, particularly in its private equity and credit divisions, while remaining cautious on the real estate segment [4] Recent Events - The stock price is under scrutiny due to a tragic mass shooting at Blackstone's Manhattan headquarters, resulting in the deaths of four individuals, including the CEO of its BREIT real estate fund [5] - Following the incident, Blackstone confirmed that its offices would remain closed on the following day [5] - Despite these challenges, analysts' revisions indicate continued confidence in Blackstone's core business strength [6]

Core Viewpoint - Blackstone's stock price increased nearly 5% following an upgrade from UBS analyst Brennan Hawken, who raised the recommendation to buy with a price target of $180 per share, indicating a potential upside of almost 22% from current levels [1][2]. Group 1: Analyst Upgrade - UBS analyst Brennan Hawken upgraded Blackstone's recommendation from neutral to buy, setting a price target of $180 per share [2]. - The upgrade reflects a belief that the recent market sell-off was unjustified, leaving Blackstone's shares attractively valued [3]. Group 2: Company Operations - Blackstone has been active in its property operations, recently raising $8 billion for its Real Estate Debt Strategies V fund, which will be invested in North America, Europe, and Australia [4]. - The company's Blackstone Real Estate Investment Trust (BREIT) is viewed as a valuable asset that has faced unwarranted negative attention [3]. Group 3: Market Sentiment - The recent sell-off in Blackstone's stock is perceived as overly harsh, with no significant crisis to justify such pessimism [5]. - Current trading levels are considered relatively low, suggesting it may be an opportune time for investors to consider buying the stock [5].