EXCLUSIVE: Janover To Accept Bitcoin Payments And Consider Crypto For Treasury Allocation

Benzinga

30 Dec 2024

On Monday, Janover Inc JNVR announced it will begin accepting payments in Bitcoin BTC/USD, Ethereum ETH/USD, and Solana SOL/USD for select services.

The company's decision aligns with the increasing support for digital assets in domestic policy and broader financial markets.

Chairman and CEO Blake Janover flagged the broadening acceptance and potential for digital currencies like Bitcoin, citing companies like MicroStrategy Inc MSTR that have successfully tapped Bitcoin's appreciation.

Also Read: Gaming Conundrum – Balancing Graphics, Budgets, and Player Demand

He highlighted the opportunity to participate in the market in a measured and responsible manner.

Janover plans to incorporate select cryptocurrencies into its accepted forms of payment and is contemplating a treasury allocation plan for these assets.

While prioritizing responsible risk management, the company intends to offer clients greater transaction flexibility. It continues facilitating lower friction and truly modern financial experiences for commercial real estate stakeholders across the ecosystem.

Janover's 1-for-8 reverse stock split became effective at 12:01 a.m. Eastern Time on Monday, December 30, 2024.

Price Action: JNVR stock closed higher by 8.59% to $0.6298 on a presplit basis on Friday.

Also Read:

KULR Invests $21 Million in Bitcoin as Part of Treasury Strategy

Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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