Classover Stock Soars: $500M Solana Treasury Plan Fuels 39% Rise

Shares of Classover Holdings Inc. surged by 39.58%, reaching a high of $3.72, following the announcement of a major financial initiative. The company’s plan to raise $500 million through convertible notes backed by Solana tokens has spurred this significant growth. Classover will utilize 80% of these funds to purchase SOL (Solana) tokens, with an initial investment of $11 million expected shortly after customary closing conditions are met.