EXCLUSIVE: Janover Acquires $4.6 Million Of Solana (SOL), Begins Digital Asset Treasury Strategy

Comments
Loading...
Zinger Key Points

Janover Inc JNVR announced Thursday that it has purchased approximately $4.6 million Solana SOL/USD, marking the first execution under its newly adopted digital asset treasury strategy.

The company will immediately begin staking its SOL position, generating revenue while supporting the Solana network. This marks the first allocation of capital from the company’s recently completed $42 million financing round.

Also Read: Janover’s Revenue Soars 80% as AI-Powered Software Drives Massive Growth

CEO Joseph Onorati said it aims to be the most efficient and transparent vehicle for crypto accumulation in the public markets, and executing its first SOL purchase within days of restructuring reflects that commitment.

The company’s Board of Directors approved its new treasury policy on April 4, 2025, authorizing the long-term accumulation of crypto assets, starting with Solana. The company also aims to operate one or more Solana validators, enabling it to stake its treasury assets, participate in securing the network, and earn rewards that it can reinvest.

COO and CIO Parker White plans to continue building our SOL position as it scales its strategy.

Janover stock surged over 560% Monday after former Kraken executives acquired 728,632 common shares and all 10,000 Series A Preferred shares to help bridge the gap between so-called traditional finance (TradFi) and decentralized finance (DeFi).

Janover’s Board has implemented a new treasury policy to allocate its principal reserves into digital assets, beginning with Solana (SOL).

The company plans to acquire and stake SOL by purchasing Solana validators.

Price Action: JNVR stock traded lower by 1.75% to $26.90 premarket at the last check on Thursday.

Read Next:Disney Cuts Prices And Adds Perks To Lure Families Back To Orlando Parks

JNVR Logo
JNVRJanover Inc
$49.219.43%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
99.80
Growth
62.56
Quality
-
Value
7.16
Price Trend
Short
Medium
Long
Got Questions? Ask
Which digital asset strategies could outperform?
How might Janover's treasury policy influence competitors?
What impact will staking Solana have on revenue?
Who else is investing in Solana for growth?
Could crypto accumulation strategies boost investor interest?
What trends in digital asset investments could arise?
How will validator operations affect Solana's ecosystem?
Which public companies might follow Janover's lead?
What risks are associated with crypto treasury policies?
What future gains could Janover's stock see from this strategy?
Market News and Data brought to you by Benzinga APIs

Posted In: