Shares of Classover Holdings Inc (NASDAQ:KIDZ) have surged 510% to $6.78 over the past week. The company last week entered into an equity purchase facility agreement with Solana Strategies Holdings to support working capital, pursue acquisitions, and implement a new treasury strategy centered on Solana (CRYPTO: SOL) tokens.
What To Know: As part of the initiative, Classover will allocate a significant portion of its capital to acquiring, holding and staking Solana tokens—making it one of the first publicly traded companies to integrate the cryptocurrency into its core treasury operations.
The company also plans to operate validator nodes on the Solana network, generating staking rewards and contributing to blockchain infrastructure.
Chaince Securities LLC, a subsidiary of Mercurity Fintech Holding, has meanwhile been appointed as digital asset advisor and will support Classover in treasury structuring, validator operations, risk management and blockchain partnerships.
CEO Stephanie Luo stated the move strengthens financial flexibility and positions Classover as a pioneer in corporate crypto adoption.
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How To Buy KIDZ Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Classover Holdings’ case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from Benzinga Pro, KIDZ has a 52-week high of $10.65 and a 52-week low of $1.04.