Janover, a US listed company, has increased its holdings of 80567 SOLs worth approximately $10.5 million

律动BlockBeats
律动BlockBeats|Apr 16, 2025 00:00
BlockBeats News: On April 16th, Janover Inc., a US listed company, announced yesterday that it would increase its holdings of 80567 SOLs worth approximately $10.5 million. This is the third execution of its latest digital asset library strategy. This increase in holdings brings Janover's total Solana holdings to 163651.7, valued at approximately $21.2 million (including staking rewards). The company will immediately begin pledging its newly acquired SOL to generate revenue while supporting the Solana network. BlockBeats previously reported that on April 7th, US listed company Janover announced that it had raised $42 million by issuing convertible notes and warrants to multiple investors including Pantera Capital, Kraken, Arrington Capital, etc. These funds will be used to purchase SOL as financial reserves. The newly appointed chairman and CEO of the company, Joseph Onorati, revealed that his team plans to "immediately" begin increasing its holdings in SOL. Janover also plans to acquire validators (i.e. computers that help run Solana networks and verify transactions), who can be used not only to acquire SOL tokens but also to 'stake' them, earning rewards by locking SOL tokens on the network.
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