v3.26.1
ACQUISITIONS, DISPOSITIONS AND WIND DOWN ACTIVITIES
3 Months Ended
Mar. 31, 2026
Asset Acquisition [Abstract]  
ACQUISITIONS, DISPOSITIONS AND WIND DOWN ACTIVITIES
NOTE 6—ACQUISITIONS, DISPOSITIONS AND WIND DOWN ACTIVITIES
WIND DOWN
On March 31, 2026, our Board of Directors approved the wind down of the legacy Janover Capital Markets and Janover Insurance businesses, which constituted substantially all of the operations of our Real Estate Platform segment. The wind down reflects our strategic decision to reallocate capital and management resources toward our digital asset treasury strategy and related initiatives, focusing on SOL and the Solana ecosystem. We expect that substantially all operations of the Real Estate Platform segment will cease by the end of the second quarter 2026. We evaluated the wind down under Accounting Standards Codification Topic 205-20, Discontinued Operations ("ASC 205") and determined that, although it represents a strategic shift, it does not have, and is not expected to have, a major effect on our operations and financial results. Accordingly, the results of the affected entities are presented within continued operations.