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Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”) announced today the purchase of 80,567 Solana (SOL) valued at approximately $10.5 million — the third execution under its newly adopted digital asset treasury strategy. This purchase brings Janover’s total Solana holdings to 163,651.7, valued at approximately $21.2 million – inclusive of staking rewards.
Below is a summary of Janover’s current SOL position and key per-share metrics as of April 15, 2025:
- Total SOL Held: 163,651.7
- $ Value of SOL Held: approximately $21.2 million
- Total Shares Outstanding: approximately 1.5 million
- SOL per Share (“SPS”): 0.11, valued at $14.47 per share
- SOL/Share Growth (“SPS” Growth vs. last purchase): 120%
The Company will begin staking its newly acquired SOL immediately, generating revenue while supporting the Solana network. This marks another allocation of capital from the Company’s recently completed $42 million financing round and reflects management’s commitment to deploy capital efficiently when market conditions are attractive.
The Board of Directors approved the Company’s new treasury policy on April 4, 2025, authorizing long-term accumulation of cryptoassets 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 can be reinvested.
Further details about the transaction will be included in the Company’s upcoming regulatory filings.