From Cointelegraph

April 22, 2025 3:36 PM:

DeFi Development Corporation, previously Janover, boosts its Solana treasury with 88,164 SOL worth $11.5 million, totaling $34.4 million. Acquired by ex-Kraken executives, the company shifted to crypto, rebranded, and bought $10.5 million on April 16. Stock (JNVR) rose 12.83% post-announcement, planning to stake tokens for yield. Staking is locking up crypto to secure a network and earn rewards. Solana surpassed Ethereum in staked value with over $53.9 billion and a 8.31% annual return. Companies like Metaplanet and Semler Scientific saw stock price boosts after adopting BTC treasuries. Upexi, a Nasdaq-listed supply chain firm, announced a $100M SOL treasury to diversify assets.

Read more at Cointelegraph: DeFi Development Corp adds $11.5M SOL, shares jump 12%