In 2025, Classover Holdings, TGL, and K Wave Media announced significant investments in cryptocurrencies Solana ($SOL ), Bitcoin ($BTC ), and Ethereum ($ETH ), indicating a growing interest in digital assets. Classover, an educational technology company, has entered into an agreement with Solana Growth Ventures to issue convertible notes of up to $500 million, of which 80% will be directed towards acquiring SOL to create a cryptocurrency treasury.
The initial contribution amounted to $11 million, including the purchase of 6,472 SOL (~$1.05 million). Overall, Classover has raised up to $900 million in funding for its crypto strategy.
TGL, known in the entertainment sector, is investing in Bitcoin and Ethereum to diversify its assets, focusing on the long-term stability of BTC and the potential of ETH smart contracts. K Wave Media, a media company focused on the Asian market, is also actively investing in Solana due to its speed and low transaction costs, aiming to integrate blockchain into its products.
These investments reflect a trend among companies to use cryptocurrencies as a hedge against inflation and to diversify portfolios. Stay tuned for news on how these moves will impact the market! Subscribe to #MiningUpdates
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