🚨🚨 #CryptoTreasury 🚨$SOL 🚨🚨
🔥 Major Moves from DeFi Development Corp (formerly Janover):
Just Bought More $SOL: They’ve added another 65,305 SOL to their treasury—worth around $9.9 million.
Total Holdings: Now sitting on a hefty 317,273 SOL—that’s a serious vote of confidence in the Solana ecosystem.
Current SOL Price: Trading around $147, down a bit today but still holding strong overall.
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📈 What’s Going On Behind the Scenes:
The company is making crypto a core part of its business strategy, not just holding it but also accepting BTC, ETH, and SOL for services.
They’re clearly inspired by the MicroStrategy model—using crypto as a long-term treasury asset.
Reverse stock split (1-for-8) back in December 2024 helped clean up the share structure and improve its standing on NASDAQ.
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📊 Why This Matters:
Their stock ($JNVR) popped after the SOL buy, showing that investors are digging the crypto-heavy pivot.
This is part of a bigger trend—traditional companies are starting to hold digital assets and actually use them, not just speculate.
It also shows growing institutional confidence in Solana as a network that’s here to stay.
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TL;DR:
DeFi Development Corp isn’t just dabbling—they’re going all-in on crypto, especially Solana. Moves like this could push more traditional firms to follow suit, especially if it keeps paying off.