On April 16, US listed company Janover Inc. announced yesterday an increase in holdings of 80,567 SOLs worth approximately $10.5 million, the third execution of its latest digital asset library strategy. The increase in holdings brings the total amount of Solana held by Janover to 163,651.7 pieces, worth approximately US$21.2 million (including pledge rewards). The company will immediately begin pledging its newly acquired SOL, generating revenue while supporting the Solana network.

Previously reported that on April 7, US listed company Janover said the company had raised $42 million by issuing convertible notes and warrants to several investors including Pantera Capital, Kraken, Arrington Capital, and other investors, which will be used to purchase SOL as financial reserves. Joseph Onorati, the company's newly appointed chairman and CEO, revealed that his team plans to start increasing its holdings in SOL "immediately". Janover also plans to acquire validators (i.e. computers that help run the Solana network, verify transactions), which can be used not only to acquire SOL tokens, but also to "stake" them, i.e. to earn rewards by locking SOL tokens on the network.