Janover Expands Payment Options With Bitcoin, Ethereum, and Solana

Ronny Mugendi
December 31, 2024
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Janover Expands Payment Options With Bitcoin, Ethereum, and Solana

Highlights

  • Janover Inc. now accepts Bitcoin, Ethereum, and Solana payments for select services.
  • The company plans to explore crypto treasury allocation responsibly.
  • Janover's reverse stock split took effect on December 30, 2024.

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

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.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.