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Here's 1 New Reason to Consider Buying Chainlink


When a company with a lot of capital decides to accumulate an asset, it can change the character of the asset's performance by making supply tighter and creating a potential new buyer of dips.

That is now starting to happen for Chainlink (CRYPTO: LINK): On Tuesday, a real estate asset management company called Caliber reported its first purchase of the token for an undisclosed sum, and proposed a plan to keep buying it as part of a formal digital asset treasury program. If that program sticks, investors just got a new, visible, long-horizon holder in their corner. Here's why that's another reason to buy this token.

Image source: Getty Images.

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Source Fool.com

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