Classover Holdings, Inc. (Nasdaq: KIDZ, KIDZW) Announces Equity Purchase Facility Agreement with Solana Strategies Holdings LLC

New York, New York, Chainwire

Classover Holdings, Inc. (Nasdaq: KIDZ, KIDZW) (“Classover” or the “Company”), a leading provider of live, interactive online learning, today announced that it has entered into an Equity Purchase Facility Agreement with Solana Strategies Holdings LLC (Chaincode Labs) providing for the sale by the Company of up to $400 million of Class B Common Stock.

Proceeds from the facility will be used by the Company to support its Solana-centric digital asset treasury strategy as well as for working capital and strategic acquisitions.

As part of this initiative, Classover will, subject to certain limitations, allocate a significant portion of the proceeds received from the sale of any shares under the facility to the purchasing, long-term holding, and staking of Solana (CRYPTO: SOL) tokens — positioning itself among the first publicly traded companies to integrate SOL directly into its core treasury operations. In addition, the Company plans to operate SOL validator nodes to contribute to the network’s decentralization and security while generating on-chain staking rewards.

The Company’s asset treasury strategy is designed to support its commitment to innovation and support efficient capital allocation. Key aspects of the strategy include:

* Adopting SOL as its core reserve asset aims to strengthen Classover’s balance sheet with a high-performance, scalable digital asset, aligning it strategically with the growing decentralized finance (DeFi) economy.

* To support the execution and governance of its SOL-focused treasury strategy, Classover has appointed Chaince Securities LLC, a wholly owned subsidiary of Mercurity Fintech Holding Inc. (Nasdaq: MFH), as its digital asset strategic advisor.

* Through Mercurity Fintech’s industry partners, including Samara Alpha Management, Blockstone Capital and BitGo, Chaince Securities will provide comprehensive strategic and operational advisory services to the Company, including:

* Market intelligence and trends analysis

* Digital asset selection and valuation

* Token economics and governance advice

* Integration with Classover's existing financial systems

* Reporting and performance monitoring

“Classover’s adoption of Solana as a treasury reserve asset sets a new standard for corporate blockchain strategy,” said Wilfred Daye, Chief Strategic Officer of MFH and CEO of Chaince Securities, LLC. “We are proud to partner with Classover on this initiative and help position the Company at the forefront of institutional blockchain adoption. We believe Classover’s forward-thinking approach will drive long-term shareholder value and broaden the acceptance of digital assets across the corporate sector.”

Stephanie Luo, Chief Executive Officer of Classover, added: “At Classover, innovation is at the core of everything we do — whether in education or corporate finance. By anchoring our treasury in Solana, we are embracing transformative technology that enhances our agility and strengthens our balance sheet for the future. We believe this strategy not only strengthens our financial foundation but also positions Classover as a pioneer in blockchain integration among publicly traded companies, creating meaningful long-term value for our shareholders.”

About ClassoverClassover, founded in 2020 and based in New York, has quickly become a leader in educational technology, providing live online courses for K-12 students around the world. Offering a diverse curriculum catering to different learning levels and interests, Classover empowers students through personalized instruction, engaging course design, and cutting-edge AI technology. From creativity-driven programs to competitive test preparation, Classover is dedicated to transforming education with accessible, high-quality learning experiences.

About Mercurity Fintech Holding Inc.Mercurity Fintech Holding Inc. (Nasdaq: MFH) is a leading integrated financial technology platform in the U.S., providing a wide range of services including digital asset custody and trading, blockchain technology solutions, and payment processing. The company serves a diverse client base, ranging from institutions and corporations to retail investors. With a strong focus on innovation and customer satisfaction, Mercurity Fintech is committed to advancing the Fintech industry and delivering value to its stakeholders.