A recent discussion in the cryptocurrency space put Samson Mow, a well-known Bitcoin advocate and CEO of JAN3, in the spotlight. Mow, a firm believer in Bitcoin’s potential to reach $1,000,000, was asked about JAN3’s revenue model despite its focus on hyperbitcoinization.
JAN3 aims to integrate Bitcoin into global finance by offering services like Bitcoin bond issuance, BTC storage, and digital patronage of collectibles. The company also plays a role in developing the AQUA wallet. Despite these initiatives and backing from investors like Tether and NYDIG, many wondered how the company generates revenue. Mow’s response was brief yet impactful, leaving the community intrigued.
While there is no public data on JAN3’s total Bitcoin holdings, Bitcoin Treasuries reports that the company acquired 12 BTC in January as part of its treasury setup. This purchase followed a $5 million investment round, with each Bitcoin bought at approximately $83,333. Given Bitcoin’s price surge, JAN3’s holdings have already appreciated by over 15%, adding around $150,000 in value.
Mow’s strong Bitcoin conviction and JAN3’s strategic acquisitions highlight the company’s belief in BTC’s long-term growth. As Bitcoin adoption accelerates, JAN3’s role in the ecosystem continues to grow, reinforcing its mission to drive hyperbitcoinization worldwide.
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