Classover Invests $500 Million in Solana, Expanding into Crypto Reserves

Education firm Classover is venturing into the world of cryptocurrency with a strategic investment of $500 million in Solana (SOL). This move marks a significant expansion for the company beyond its core K-12 education business. Classover will establish a reserve fund dedicated to SOL tokens, allocating 80% ($400 million) of this funding toward purchasing the asset. The announcement triggered a surge in Classover’s stock price on Nasdaq following the news.