Janover expands Solana holdings with $10.5 million purchase

BOCA RATON, FL - Janover Inc. (NASDAQ:JNVR), a commercial real estate technology firm whose stock has surged over 1,250% year-to-date according to InvestingPro data, disclosed on Monday that it has expanded its cryptocurrency portfolio by acquiring 80,567 Solana (SOL) tokens, valued at roughly $10.5 million. This transaction increases the company’s total Solana holdings to 163,651.7 tokens, with an approximate value of $21.2 million, factoring in staking rewards. The company, currently valued at $94.19 million in market capitalization, has seen its shares trading near their 52-week high of $68.21.

The recent purchase is part of Janover’s digital asset treasury strategy, which was initiated following the Board of Directors’ approval on April 4, 2025. The strategy involves long-term investment in cryptocurrencies, starting with Solana, as a principal holding in the company’s treasury reserve. Janover’s move to acquire additional SOL comes after completing a $42 million financing round, indicating a strategic deployment of capital to crypto assets amid favorable market conditions. InvestingPro data shows the company maintains a strong liquidity position with a current ratio of 5.52, though it reported an EBITDA of -$2.7 million in the last twelve months.

With the new acquisition, Janover’s Solana per share (SPS) metric now stands at 0.11, valued at $14.47 per share, marking a 120% increase in SPS value since the last purchase. Janover plans to immediately begin staking its newly acquired SOL, which will generate additional revenue and support the Solana network’s security.

The company, which serves over one million web users annually and connects stakeholders in the commercial real estate industry, aims to operate Solana validators in the future. This would allow Janover to stake its treasury assets and participate in securing the network while earning reinvestment rewards.

Janover’s focus on incorporating digital assets into its treasury is intended to give investors economic exposure to the Solana ecosystem. Further details regarding the transaction are expected to be provided in the company’s forthcoming regulatory filings.

This development is based on a press release statement and should be considered in light of risks such as potential market price fluctuations of SOL and other uncertainties which could impact Janover’s financial condition and results. InvestingPro analysis indicates the stock is currently trading in overbought territory, with 10+ additional exclusive insights available to subscribers, including detailed valuation metrics and growth indicators.

In other recent news, Janover Inc. has made headlines with its strategic move into the cryptocurrency market, particularly focusing on Solana (SOL). The company has increased its Solana holdings by purchasing an additional 44,158 SOL, valued at approximately $5 million, bringing its total to 83,084 SOL, worth around $9.6 million. This investment is part of Janover’s new digital asset treasury strategy, which was approved by the Board of Directors and follows a successful $42 million financing round. The capital raise involved convertible notes and warrants, with participation from prominent crypto-focused investment firms such as Pantera Capital and Kraken. Janover plans to stake its newly acquired SOL to generate revenue and support the Solana network, marking a significant shift in its treasury management. The company’s strategic pivot has been compared to MicroStrategy’s adoption of Bitcoin, as Janover positions itself within the Solana ecosystem. Additionally, Janover has regained compliance with Nasdaq’s minimum closing bid price requirement, having fulfilled the conditions necessary for maintaining its listing. These recent developments underscore Janover’s commitment to integrating digital assets into its financial strategy while maintaining regulatory compliance.

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