Janover Goes All-In on Solana: Buys Another $10.5M in SOL!

Janover, the real estate powerhouse run by ex-Kraken bigwigs, just can't get enough of Solana. They've upped their game with a massive new purchase that's got the crypto world buzzing.

On April 15, this AI-driven real estate beast announced they snatched up 80,567 Solana (SOL) tokens, dropping a cool $10.5 million to beef up their altcoin stash.

Just this month, Janover kicked off their Solana strategy, and they're not messing around. This latest buy marks their third SOL swoop, pushing their total holdings to a whopping 163,651.7 SOL. Right now, they're sitting on a $21.2 million Solana fortune, staking rewards included!

The board greenlit this Solana move on April 4, 2025, giving the go-ahead for a long-haul digital asset play.

Kicking things off with SOL, Janover's taking a page out of the Strategy (formerly MicroStrategy) playbook—the guys who became the biggest corporate Bitcoin hoarders on the planet.

While other players like Canada's Sol Strategies have jumped on the Solana train, Janover's gunning to be the top dog in the U.S. They're not just stacking SOL; they're eyeing up running one or more Solana validators to milk even more from staking.

Leading the charge are former Kraken hotshots Joseph Onorati and Parker White. Onorati's calling the shots as chairman and CEO, while White's steering the investment and operations as CIO and COO.

Onorati used to be Kraken's chief strategy officer, and White was their engineering director. These guys know crypto inside out.

Janover's new dream team just raked in $42 million through a convertible notes offering, announced on April 7, 2025.

They're planning to pour this cash into their digital asset strategy. Big names like Pantera Capital, Kraken, Arrington Capital, The Norstar Group, and Third Party Ventures jumped on board, along with 11 angel investors. This move is set to shake things up in the crypto space!