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Forward Industries boosts Solana holdings 13%, doubling net asset value to $870M in Q4

Protocol Fundamentals
02 Oct 2026
Blockonomi
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Bullish
Forward Industries boosts Solana holdings 13%, doubling net asset value to $870M in Q4

Forward Industries increased its Solana token holdings by 13% in Q4, reaching 8.5 million SOL tokens, and nearly doubled its net asset value to $870.4 million by September 30. The company’s SOL per share grew 10% sequentially and 42% annualized, despite issuing more shares. Forward also benefited from a 41% rise in market cap of its investment in OnRe, a tokenized reinsurance platform on Solana. This growth reflects Forward’s strategy to build a diversified Solana-focused investment portfolio, combining token accumulation with strategic project stakes.

Forward Industries' Solana treasury expansion is the subject, with Pluang market data providing context. For readers following major cryptocurrencies, 40 of 50 priced assets rose while 8 fell. Notable movers include YFI at Rp46.157.831 with a 5.59% increase and 94% sell order activity, COTI at Rp250 up 5.45% with 83% sell orders, and NEO at Rp47.386 up 5.28% with 100% sell orders. This data is as of Oct 02, 2026 20:45 WIB.

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