Classover Holdings (KIDZ) Announces $400 Million Equity Deal To Back Solana-Based Treasury Strategy: What’s Going On?
Posted On May 1, 2025
Classover Holdings Inc (NASDAQ:KIDZ) shares closed Thursday’s trading up 366.06% to $5.36 after the company announced it entered an equity purchase facility agreement with Solana Strategies Holdings.
What To Know: The funds will support working capital, acquisitions and a new treasury strategy centered around Solana (CRYPTO: SOL) tokens.
Under the plan, Classover will allocate a significant portion of the capital to acquiring, holding, and staking Solana tokens — becoming one of the first public companies to integrate the crypto into its core treasury operations. The company will also run validator nodes to …
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