Janover Inc. (NASDAQ: JNVR), an AI-based platform formed for the commercial real estate sector, has now agreed to accept Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for the payment of particular services. The step is in line with the company’s efforts to advance its financial infrastructure and reflect the integration of digital assets in the world economy.
Janover Adds Bitcoin, Ethereum, and Solana to Accepted Payment Options
In a press release that was published not long ago, Janover announced that it is now accepting Bitcoin, Ethereum, and Solana in some of its services. This strategic move is evidence of the financial and technological advancement strategy of the company to enhance the transaction flexibility for its clients.
The move coincides with rising international acceptance of cryptocurrencies as more companies learn the benefits of including digital currencies in their financial management. According to Janover, the head of the company, this initiative corresponds with the increased crypto adoption, both in the local and global markets.
Blake E. Janover, the company’s CEO added,
“We’ve seen how companies like MicroStrategy have successfully capitalized on Bitcoin’s appreciation, and we believe there’s an opportunity to participate in the market in a measured, responsible way.”
Similarly, MicroStrategy has continued its crypto adoption with the acquisition of 2,138 BTC for $209 million, bringing its total holdings to 446,400 BTC. This marks the company’s eighth consecutive purchase consecutive weeks, showcasing its commitment to Bitcoin as a strategic asset. MicroStrategy is also planning a shareholders’ meeting to vote on further BTC acquisitions, reinforcing its leadership in corporate Bitcoin investments.
Exploring Responsible Treasury Allocation
In addition to accepting crypto payments, Janover is considering incorporating digital assets into its treasury management strategy. The company will participate in the crypto market prudently, drawing inspiration from businesses like MicroStrategy, which has successfully leveraged Bitcoin.
While exploring treasury allocation, the AI-powered platform remains committed to responsible risk management. This measured approach reflects the company’s intention to modernize its financial systems without compromising stability.
Reverse Stock Split to Enhance Market Position
On December 30, 2024, Janover implemented a 1-for-8 reverse stock split to enhance its market position. This adjustment will streamline the company’s stock performance, reflecting its growth strategy and commitment to delivering shareholder value. The reverse split demonstrates the company’s proactive approach to financial and operational improvement.
The AI-powered platform acceptance of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) comes amid growing crypto adoption from many companies. Most recently, CoinGape reported Genius Group’s $10 million Bitcoin investment, boosting its holdings to 319.4 BTC as part of a $120 million strategy. Meanwhile, USDT issuer Tether added 7,629 BTC worth $705.25 million to its reserves, reflecting its continued diversification of excess capital into Bitcoin.
The post Janover Expands Payment Options With Bitcoin, Ethereum, and Solana appeared first on CoinGape.
