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Janover Purchases Approximately $5.0 Million of Solana (SOL) as Part of New Treasury Strategy
JNVRJanover (JNVR) Newsfilter·2025-04-11 12:00

Core Viewpoint - Janover Inc. has adopted a digital asset treasury strategy, purchasing 44,158 Solana (SOL) for approximately 5.0million,increasingitstotalSOLholdingsto83,084,valuedatabout5.0 million, increasing its total SOL holdings to 83,084, valued at about 9.6 million [1][2]. Group 1: Treasury Policy and Strategy - The Board of Directors approved a new treasury policy on April 4, 2025, focusing on the long-term accumulation of cryptoassets, starting with Solana [2]. - The company plans to operate one or more Solana validators to stake its treasury assets, secure the network, and earn rewards for reinvestment [2][3]. - The treasury policy aims to provide investors with access to the Solana ecosystem and economic exposure to SOL investments [3]. Group 2: Financial Metrics - As of April 11, 2025, Janover holds a total of 83,084 SOL, valued at approximately 9.6million[1][7].Thetotalsharesoutstandingareapproximately1.5million,resultinginaSOLpershare(SPS)of0.06,valuedat9.6 million [1][7]. - The total shares outstanding are approximately 1.5 million, resulting in a SOL per share (SPS) of 0.06, valued at 6.59 per share [7]. - The SPS growth compared to the last purchase is 109% [7].