Janover accepts Bitcoin payments and is considering cryptocurrencies for treasury allocation

on monday, Janover Company (Nasdaq:JNVR) announced that it will begin accepting payments Bitcoin (encryption: Bitcoin), Ethereum (crypto: Ethereum), and Solana (encryption: Sol) for selected services.

The company’s decision is in line with growing support for digital assets in local politics and broader financial markets.

Chairman and CEO Blake Janover has pointed to expanding acceptance and potential for digital currencies like Bitcoin, citing companies like MicroStrategy Corporation (Nasdaq:MSTR) which successfully exploited the rise in the value of Bitcoin.

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

Janover plans to integrate specific cryptocurrencies into its accepted payment methods and is considering a treasury allocation plan for these assets.

While prioritizing responsible risk management, the company intends to offer customers greater transaction flexibility. It continues to facilitate 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. ET on Monday, December 30, 2024.

Price action: JNVR stock closed up 8.59% to $0.6298 on a pre-split basis on Friday.

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This article Exclusive: Janover Will Accept Bitcoin Payments and Consider Cryptocurrencies for Treasury Allocation Originally appeared on Benzinga.com

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