Crypto-focused Janover skyrockets after completing its first Solana purchase

Harun Ozalp | Anadolu | Getty Images

Janover, a small software company with a new focus on accumulating crypto for its treasury, is surging after completing its first purchase of the Solana token.

The company bought $4.6 million of Solana’s SOL token on Thursday. Earlier this week, Janover announced that it raised $42 million through the private offering of convertible notes and warrants, with plans to acquire SOL.

Janover shares were last higher by more than 60%, after skyrocketing more than 100% earlier in the day.

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Janover surges after its first SOL purchase

“Our aim is to be the most efficient and transparent vehicle for crypto accumulation in the public markets,” Janover CEO Joseph Onorati said in a…

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