Classover Soars 12.13% on Solana Treasury Reserve Move

Classover's stock surged by 12.13% in pre-market trading on June 4, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Classover has recently announced a strategic move to build a Solana-based treasury reserve, aiming to allocate a substantial portion of its new funds into SOL tokens. This decision reflects the company's confidence in the potential of Solana's blockchain technology and its commitment to leveraging decentralized finance for its operations.

The company has secured up to $500 million in additional funding through a convertible note deal, with plans to allocate up to 80% of the net proceeds towards purchasing SOL. This funding will not only bolster Classover's treasury but also support the development of a decentralized learning platform on the Solana blockchain.

Classover's partnership with SOL Strategies and its collaboration with BitGo and Solana Growth Ventures further underscore its dedication to integrating blockchain technology into its educational offerings. By acquiring XRP and Solana for its treasury, Classover is positioning itself at the forefront of the growing trend of corporations adopting cryptocurrencies as part of their financial strategies.