Janover, a publicly-traded real estate platform tapping into artificial intelligence, is set to accept Bitcoin and crypto for payments.
The Nasdaq-listed company announced on Dec. 30 that it will accept payments in Bitcoin (BTC) and top altcoins Ethereum (ETH) and Solana (SOL). Janover plans to rollout support for these payment options for a number of select services as it aligns with the evolving market.
In its press release, Janover highlighted the increasing adoption of digital assets, fueled by growing regulatory clarity in both domestic and global markets. The company joins a wave of businesses integrating Bitcoin strategies into their operations.
Blake Janover, the company’s founder and CEO, commented:
“At Janover, we remain focused on our core business. We do, however, recognize the broadening acceptance and significant future potential of digital currencies like Bitcoin. We’ve seen how companies like MicroStrategy have successfully capitalized on Bitcoin’s appreciation, and we believe there’s an opportunity to participate in the market in a measured, responsible way.”
In addition to accepting BTC, ETH, and SOL for payments, Janover plans to allocate a portion of its treasury to these digital assets, underscoring its commitment to integrating cryptocurrencies into its financial strategy.
The company’s stock rose sharply on Friday, December 27, 2024, rising from about $0.60 to hit $5.30. On Dec. 30, the JNVR opened higher, trading +2.4% at around 9:44 ET to see its five-day performance stand at over +683%.
Meanwhile, Janover’s announcement on Monday came as MicroStrategy, the world’s largest holder of BTC, revealed it purchased another $209 million worth of the asset. Microstrategy now hodls 446,400 BTC acquired for $27.9 billion. Michael Saylor’s company is eyeing even more BTC amid staggering bullish predictions for Bitcoin price.
