{"id":673334,"date":"2025-06-03T21:50:19","date_gmt":"2025-06-03T18:50:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/classover-signs-500m-convertible-note-deal-for-solana-reserve\/"},"modified":"2025-06-03T21:50:19","modified_gmt":"2025-06-03T18:50:19","slug":"classover-signs-500m-convertible-note-deal-for-solana-reserve","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/classover-signs-500m-convertible-note-deal-for-solana-reserve\/","title":{"rendered":"Classover signs $500M convertible note deal for Solana reserve"},"content":{"rendered":"

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The K-12 education company has up to $900 million to purchase Solana tokens.<\/p>\n

Classover, a K-12 education company, has announced a move into crypto through the creation of a Solana reserve.<\/p>\n

The company plans to issue up to $500 million in senior convertible notes, with 80% of the proceeds allocated to purchasing Solana (SOL<\/a>). The move follows a growing pattern of companies expanding into crypto-related strategies along with their core businesses.<\/p>\n

According<\/a> to a June 2 announcement, Classover has already purchased 6,472 SOL worth app<\/a>roximately $1.1 million to start its reserve. The issuance of $500 million in convertible notes comes through a partnership with Solana Growth Ventures.<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The K-12 education company has up to $900 million to purchase Solana tokens. Classover, a K-12 education company, has announced a move into crypto through the creation of a Solana reserve. The company plans to issue up to $500 million in senior convertible notes, with 80% of the proceeds allocated to purchasing Solana (SOL). The…<\/p>\n","protected":false},"author":1,"featured_media":673335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/0197369e-c8ce-7e51-b6ff-77348ceabc6e","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[92498,117,70359,67874],"class_list":["post-673334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-solana","tag-business","tag-stocks","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/673334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=673334"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/673334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/673335"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=673334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=673334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=673334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}