US-listed company Janover announced an increase in its holdings of approximately 80,000 SOL, bringing its total holdings to over 160,000 SOL
ChainCatcher news, according to GLOBE NEWSWIRE, Nasdaq-listed Janover Inc. (stock code: JNVR) announced the purchase of 80,567 SOL, valued at approximately $10.5 million, marking the third execution of its newly adopted digital asset reserve strategy. Following this purchase, Janover's total holdings of SOL reached 163,651.7, with a total value of approximately $21.2 million, including staking rewards.
The company's board approved a new funding reserve policy on April 4, authorizing the long-term accumulation of crypto assets starting with SOL. Janover plans to operate one or more Solana validator nodes to participate in network security maintenance and earn staking rewards.
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