Classover Holdings Secures $400M Equity Purchase Facility to Launch Pioneering Solana-Based Treasury Strategy

May 1, 2025

DENVER, Colo., May 01, 2025 (247marketnews.com)- Classover Holdings (NASDAQ:KIDZ) announced a groundbreaking $400 million Equity Purchase Facility Agreement with Solana Strategies Holdings LLC, enabling the sale of Class B Common Stock to fund a Solana (SOL)-centric digital asset treasury strategy. This move positions Classover among the first publicly traded companies to integrate SOL as a core reserve asset, aligning with the $350 billion decentralized finance (DeFi) economy and reinforcing its commitment to innovative asset management. Proceeds will also support working capital and strategic acquisitions, marking a transformative step for Classover’s growth and financial strategy.
Wilfred Daye, MFH’s Chief Strategic Officer and CEO of Chaince Securities, said, “Classover’s adoption of Solana as a treasury reserve asset sets a new standard for corporate blockchain strategy. We are proud to partner with Classover on this initiative and help position the Company at the forefront of institutional blockchain adoption. We believe Classover’s forward-thinking approach will drive long-term shareholder value and broaden the acceptance of digital assets across the corporate sector.”
Details of the Equity Purchase Facility
Under the agreement, Classover can sell up to $400 million of Class B Common Stock to Solana Strategies Holdings LLC, providing flexible capital to execute its SOL-based treasury strategy. Key initiatives include:
SOL Acquisition and Holding: Allocating a significant portion of proceeds to purchase and hold SOL tokens long-term, enhancing the balance sheet with a high-performance, scalable digital asset.
SOL Validator Nodes: Operating validator nodes to contribute to Solana’s network decentralization and security, earning on-chain staking rewards projected at 5-7% annually (CoinMarketCap, 2025).
Reinvestment Strategy: Reinvesting staking yields to expand SOL holdings, deepening Classover’s engagement in the Solana ecosystem.
The strategy leverages Solana’s high-throughput blockchain, processing 65,000 transactions per second at sub-$0.01 fees, making it a cornerstone for DeFi and Web3 applications. Classover’s adoption of SOL as a reserve asset mirrors corporate Bitcoin strategies by firms like MicroStrategy, but its validator node operations add a unique revenue stream, positioning it as a trailblazer in corporate crypto integration.
Strategic Partnership with Chaince Securities
To execute and govern its SOL-focused strategy, Classover has appointed Chaince Securities LLC, a subsidiary of Mercurity Fintech Holding Inc. (NASDAQ:MFH), as its digital asset strategic advisor. Chaince, backed by industry partners Samara Alpha Management, Blockstone Capital, and BitGo, will provide:
Significance of the Move
Stephanie Luo, Classover’s CEO, stated, “At Classover, innovation is at the core of everything we do – whether in education or corporate finance. By anchoring our treasury in Solana, we are embracing transformative technology that enhances our agility and strengthens our balance sheet for the future. We believe this strategy not only strengthens our financial foundation but also positions Classover as a pioneer in blockchain integration among publicly traded companies, creating meaningful long-term value for our shareholders.”
Classover’s SOL strategy is a bold leap, transforming its financial framework and signaling confidence in blockchain’s future. The $400 million facility provides non-dilutive capital compared to traditional equity raises, preserving shareholder value while funding acquisitions and working capital for its $50 million 2024 revenue online learning platform (per SEC filings). By holding SOL, Classover taps into a digital asset with a $90 billion market cap (April 2025, CoinGecko), offering liquidity and growth potential over fiat reserves. Validator node staking diversifies revenue, with yields potentially adding $2-$3 million annually at current rates, based on a $50 million SOL allocation.
This move differentiates Classover from peers in the $325 billion edtech market, positioning it as a forward-thinking player akin to MicroStrategy’s Bitcoin strategy, which boosted its stock 200% from 2020-2023. The partnership with Chaince Securities mitigates risks, leveraging expertise from BitGo’s custodial services and Samara’s DeFi insights, ensuring robust governance in a volatile crypto landscape.

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