The post Public Commercial Property Firm Janover Buys 44K Solana Worth $5M, Brings Total SOL Holdings Above 83K appeared on BitcoinEthereumNews.com.

Janover, a publicly traded commercial real estate fintech company in the U.S., has made another Solana accumulation move amid the ongoing price turbulence. Janover Purchases Over 44K Solana The Florida-based firm expanded its crypto holdings by acquiring 44,158 Solana (SOL) tokens valued at $5 million. This purchase, executed on April 11, 2025, marks the company’s second major investment in Solana, bringing its total holdings to 83,084 SOL, worth around $9.6 million. Notably, the acquisition is part of Janover’s recently adopted digital asset treasury strategy, approved by its Board of Directors on April 4, 2025. Under this policy, the company looks to allocate a portion of its treasury reserves to cryptocurrencies, starting with Solana.  Interestingly, Janover plans to stake the newly acquired SOL tokens immediately to generate revenue. Additionally, the company confirmed it would operate one or more Solana validators. This will allow it to participate in securing the network and earn rewards that can be reinvested. For context, Janover’s initial dabble into crypto began in late December 2024 when it announced plans to accept Solana, Ethereum and Bitcoin as payment for some services. This was part of a broader initiative to modernize its financial infrastructure and provide its clients with more options for payments. At that time, the company also expressed intentions to look into integrating crypto assets into its treasury management strategy. The recent Solana purchases represent a step in that direction. Firms Gobbling up Solana Tokens Janover’s investment in Solana is part of a growing trend among companies diversifying their treasury reserves with the crypto asset. Other firms have similarly increased their exposure to Solana in recent months.  For instance, SOL Global expanded its crypto bag to 40,350 SOL tokens after acquiring an additional 9,716 tokens at $145 last month. The firm is an advocate of initiatives like…

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Filed under: News - @ April 11, 2025 9:27 pm