The crypto market is buzzing as an education company listed on Nasdaq buys Solana instead of Bitcoin

The wave of public companies accumulating cryptocurrencies continues to surge with a new highlight from #Classover (stock code: KIDZ), an online education platform for children. Unlike the familiar strategy of buying Bitcoin, Classover has chosen Solana (SOL) as a strategic asset in its treasury.

The company recently announced it has purchased 6,472 34617264409 for approximately $1.05 million and plans to stake to optimize profits. At the same time, they signed a convertible bond agreement worth $500 million to expand their Solana accumulation in the future.

CEO Hui Luo emphasized the commitment to becoming one of the first listed companies to integrate Solana into its long-term financial strategy, aiming for alignment with blockchain technology.

SOL – the native coin of the Solana network – is becoming increasingly popular due to its scalability, low fees, and fast processing times. Solana has been integrated with Visa to accelerate payments, while Solana Pay has been supported by Shopify to receive USDC.

Classover is not alone. Previously, DeFi Development Corp. had also accumulated nearly 600,000 SOL (~$100 million). Alongside giants like MicroStrategy (Bitcoin), Semler Scientific, and Metaplanet, the wave of corporate crypto investment is spreading.

Classover's stock (KIDZ) surged 44% after this news, showing the market's growing confidence in crypto as a strategic asset.