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Another 1,000% gainer: CaliberCos surges on digital-asset purchase, a day after Eightco’s 3,000% gain
Yahoo Finance·2025-09-09 21:43

Tom Lee, left, chair of Bitmine, and Dan Ives, chair of Eightco Holdings. Bitmine has agreed to buy a 20millionstakeinEightco.JonKopaloff/GettyImagesAlossmakingassetmanagersawitsstockleaponTuesdayinjustthelatestexampleofhowacorporateannouncementofthepurchaseofadigitalassethassparkedsensationalreturns.CaliberCossharesCWD,whichendedMondayat20 million stake in Eightco. - Jon Kopaloff/Getty Images A loss-making asset manager saw its stock leap on Tuesday in just the latest example of how a corporate announcement of the purchase of a digital asset has sparked sensational returns. CaliberCos shares CWD, which ended Monday at 2.15, soared by over 1,000% to around $35 in early New York following the company’s announcement that it has purchased ...