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Solana Scores Big as Classover Holdings Plans $500M Treasury Reserve

  • Classover Holdings plans to raise $500 million to establish a SOL corporate treasury reserve with Solana as the core asset.
  • Classover has secured a $400 million equity purchase agreement with Solana Strategies Holdings, bringing the total potential financing power to $900 million.
  • 80% of the raised funds will be used to purchase SOL tokens, while Chaince Securities LLC will advise Classover on acquiring, staking, and managing its Solana holdings.
  • Classover's commitment to a SOL-based treasury reserve aims to position the company as a pioneering entity embracing blockchain technology in its financial strategy.

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