Pivoted primary business strategy in 2025 to a digital asset treasury centered on the Solana blockchain ecosystem. Acquires and manages SOL and SOL-related digital assets, operates Solana validators, and delegates holdings for staking rewards. Continues to operate a commercial real estate technology platform connecting borrowers and lenders. Reported a consolidated net loss of $73.8 million in 2025, significantly wider than the $2.7 million loss in 2024. Revenue increased by 442.2% to $11.386 million in 2025, primarily from digital asset staking rewards. Incurred $27.0 million net loss on digital assets due to impairment charges ($36.8 million) and fair value declines, partially offset by realized gains. Operating expenses surged by 307.4% to $20.790 million, driven by professional fees, employee costs, and a $2.0 million loss on the disposition of Janover Pro (JPro). Issued 3.9 million warrant dividends in October 2025. Repurchased 2.0 million shares for $11.5 million under an expanded $100.0 million stock repurchase program. Market value of common stock held by non-affiliates was approximately $248.4 million as of June 30, 2025. Outstanding common stock as of March 30, 2026, was 29,497,394 shares.