<ul><li>Classover, a Nasdaq-listed company, has launched a $500 million plan to build a Solana-based treasury reserve.</li><li>The company completed its initial Solana purchase and entered into a securities purchase agreement with Solana Growth Ventures LLC for issuing up to $500 million in senior secured convertible notes to accelerate its SOL-based treasury strategy.</li><li>Key highlights of the plan include up to $500 million in funding through senior secured convertible notes, allocation of up to 80% of net proceeds towards acquiring and staking Solana (SOL) tokens, and an initial investment of 6,472 SOL valued at approximately $1.05 million.</li><li>This initiative aligns with a larger trend of public companies diversifying into cryptocurrency reserves and demonstrates a strategic commitment to blockchain innovation as well as a hedge against traditional financial system volatility.</li></ul>

Nasdaq Listed Company Launches $500M Plan to Build Solana-Based Treasury Reserve

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