According to Foresight News, the publicly traded U.S. company Janover has increased its holdings by 44,158 SOL, valued at approximately $5 million. This purchase has raised its total holdings to 83,084 SOL, worth about $9.6 million. Janover will immediately begin staking, creating income while supporting the Solana network.
In a previous report by Foresight News, CNBC reported that Janover has raised $42 million by issuing convertible notes and warrants to multiple investors, including Pantera Capital, Kraken, and Arrington Capital. These funds will be used to purchase SOL as financial reserves.