Janover, a publicly traded real estate platform that uses artificial intelligence, will accept Bitcoin and cryptocurrencies as payment.
The Nasdaq-listed company announced on December 30 that it would accept payments in Bitcoin (BTC) and top altcoins Ethereum (ETH) and Solana (SOL). Janover plans to introduce support for these payment options on a number of selected services to adapt to the evolving market.
In his press release, Janover highlighted the increasing adoption of digital assets, driven by increasing regulatory clarity in both domestic and global markets. The company joins a wave of companies integrating Bitcoin strategies into their operations.
Blake Janover, founder and CEO of the company, commented:
“At Janover we continue to focus on our core business. However, we are aware of the increasing acceptance and significant future potential of digital currencies such as Bitcoin. We have seen companies like MicroStrategy successfully capitalize on the appreciation of Bitcoin and we believe there is an opportunity to participate in the market in a measured and responsible manner.”
In addition to accepting BTC, ETH and SOL as payment methods, Janover also plans to allocate a portion of its cash balance to these digital assets, underscoring its commitment to integrating cryptocurrencies into its financial strategy.
The Company’s shares rose sharply on Friday, December 27, 2024, rising from approximately $0.60 to $5.30. On December 30, JNVR opened higher and was trading +2.4% at approximately 9:44 ET, putting its five-day performance at over +683%.
Meanwhile, Janover’s announcement came Monday as…