Classover, a Nasdaq-listed online education platform, announced a significant pivot towards cryptocurrency by purchasing Solana (SOL) as part of its treasury strategy, which sharply boosted its stock value by 44%. The firm disclosed its plans to issue $500 million in convertible notes to fund the acquisition of SOL and reported an initial purchase of 6,472 SOL for approximately $1 million. CEO Hui Luo emphasized the company's commitment to becoming a leader in blockchain finance by incorporating SOL into its treasury operations. Classover's strategy mirrors other companies, notably DeFi Development Corporation, which holds a substantial amount of SOL as part of its treasury. This trend signifies a growing acceptance of cryptocurrencies among publicly traded companies, with Classover joining a list of firms diversifying their financial strategies to include digital assets.

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