Crypto

Janover, a US-listed company whose stock price has soared more than 12 times in a week, acquires Solana for 1.4 billion yen

2025/04/14 06:34
CoinPost
Written by Lewis Kikutani
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Janover, a US-listed company whose stock price has soared more than 12 times in a week, acquires Solana for 1.4 billion yen

The reason behind the stock price soaring more than 12 times

Janover Inc. (NASDAQ: JNVR), a US commercial real estate digital platform company, acquired 83,084 Solanas (SOL) worth 1.4 billion yen in two days as part of a new digital asset management strategy. This active management strategy is based on a new asset management policy that was just approved by the board of directors on April 4th.

After adopting the SOL purchase and hold strategy, the company's stock price soared from the 4th, recording a rise of more than 12 times in one week.

The company describes itself as "a company that provides data and software subscriptions to the commercial real estate industry through an AI-driven online platform"...

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