Same Ticker, Dual Narratives: Interlink Restructures While Chainlink Gains Momentum

Interlink Electronics, Inc. (LINK) has completed a significant capital restructuring by converting all outstanding 8.00% Series A Convertible Preferred Stock into common shares on October 15, 2025, under the terms of its Certificate of Designations, according to an 8-K filing. Each preferred share converted into three common shares, eliminating the Series A Preferred class and increasing the total common equity outstanding. The move follows the fulfillment of a price trigger condition, requiring the common stock to close at or above $10.00 per share—120% of the conversion price—for 20 of 30 consecutive trading days prior to the conversion notice date. The company issued a press release confirming the action, which simplifies its equity structure and consolidates investor exposure into a single share class.

Meanwhile, in a separate development, the cryptocurrency Chainlink (LINK) has drawn renewed attention as large holders, or "whales," accumulate significant quantities of the token. On-chain data reveals that the 30-day MVRV (Profit/Loss) ratio for LINK dropped below -5% on October 17, 2025, a threshold often interpreted as an "ideal accumulation zone" by analysts, according to a BeinCrypto article. This aligns with increased activity from whale wallets, which have been withdrawing LINK from exchanges, signaling long-term holding intentions. The token's price has stabilized above $18, with technical analysts suggesting a potential breakout above $20 could reignite bullish sentiment.

The convergence of whale accumulation and real-world applications further strengthens Chainlink's position. Recent partnerships, including collaborations with the U.S. Department of Commerce and SWIFT, highlight Chainlink's role in bridging traditional finance and blockchain ecosystems by bringing macroeconomic data and tokenization solutions on-chain, as noted in BeinCrypto coverage. Additionally, AI-driven analysis from OpenAI's ChatGPT-5 has identified Chainlink as the top cryptocurrency for the week of October 20, 2025, citing its utility-driven adoption and clean accumulation patterns.

While the Interlink Electronics conversion and Chainlink's crypto activity share the same ticker symbol, they represent distinct narratives. The former pertains to a traditional equity restructuring, while the latter reflects evolving dynamics in the cryptocurrency market. Investors are advised to monitor subsequent disclosures from Interlink Electronics regarding the exact number of converted shares and their impact on capitalization, alongside Chainlink's price action and on-chain metrics as the crypto market navigates macroeconomic uncertainties.