PANews reported on June 3 that Classover, a US-listed education technology company, has completed its first purchase of Solana (SOL) worth approximately US$1.05 million and signed an agreement with Solana Growth Ventures to issue convertible notes up to US$500 million. The company is required to use up to 80% of its net proceeds to purchase SOL, a move aimed at building a company treasury with SOL as its core. Together with the previous US$400 million equity agreement , its potential total financing amounted to US$900 million.