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Altcoins

Edtech stock surges 150% on AI deal

KIDZ AI Inc. (Nasdaq: KIDZ), formerly known as Classover Holdings, Inc., is an AI-driven education technology company. On May 1, 2025, the company announced that it has entered into an equity

AnonymousCryptoCompass newsroom
July 21, 2026
2 min read
NEWS
Edtech stock surges 150% on AI deal
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KIDZ AI Inc. (Nasdaq: KIDZ), formerly known as Classover Holdings, Inc., is an AI-driven education technology company.

On May 1, 2025, the company announced that it has entered into an equity purchase facility agreement with Solana Strategies Holdings LLC providing for the sale by the company of up to $400 million of Class B common stock.

Related: Solana's NFT dinosaurs make debut on Amazon Prime Video

But more than a year later, KIDZ AI announced a strategic pivot in its digital asset treasury strategy on June 2, 2026. The company said it will transition from Solana exposure to the Hyperliquid ecosystem and yield-bearing U.S. dollar-pegged stablecoin strategies.

KIDZ AI said it intends to phase out its Solana exposure over time, subject to market conditions, and reallocate capital toward Hyperliquid ecosystem assets.

KIDZ AI CEO Stephanie Luo said, “We are making a deliberate treasury pivot from Solana to Hyperliquid because we believe the next phase of digital asset value creation will be driven by platforms with real usage, deep liquidity, and scalable financial infrastructure.”

KIDZ stock surges 150% on Canopy Wave deal

On July 21, KIDZ AI announced entering into a definitive 60-month enterprise AI compute services agreement with Canopy Wave, Inc. with an aggregate contract value of $44.6 million.

Canopy Wave is an AI inference and infrastructure company that provides secure, scalable, and cost-efficient API access to open-weight AI models. It supports a range of advanced model families, including Moonshot AI, DeepSeek, Qwen, and Zhipu AI.

Under the terms of the agreement, KIDZ AI’s wholly owned subsidiary, Catalyst Compute LLC, will order and deploy a dedicated cluster of 256 NVIDIA HGX B300 GPUs across 32 specialized GPU nodes, each equipped with dual Intel Xeon 6776P processors, 4TB of DDR5 memory, and ultra-fast 800Gb/s InfiniBand interconnectivity.

KIDZ AI Inc., Source: Yahoo Finance

The KIDZ AI stock, which closed at $0.412 on July 20, hit the intraday high of $1.04 on July 21 following the announcement of the AI deal, reflecting a surge of more than 150%.

At press time, the KIDZ stock was exchanging hands at $0.7683.

Related: New Nvidia deal pumps crypto stock