Forward Industries increased its Solana (SOL) treasury by 948,601 tokens in Q4 2026, raising its total holdings to about 8.5 million SOL, or roughly 1.4% of Solana's circulating supply. The company funded these purchases through increased institutional debt and a $25 million equity offering, paying an average of $83 per token while the market price was $118.06 at quarter-end. This strategy, started in 2025, aims to grow Forward's stake in Solana, with staking rewards also contributing. Investors should watch Forward's SOL per share growth, debt levels, and net asset value relative to market value going forward.
Forward Industries' Solana treasury now holds about 8.5 million tokens, representing roughly 1.4% of Solana's circulating supply. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Oct 02, 2026 21:51 WIB: out of 50 major cryptocurrencies tradable on Pluang, 38 rose and 11 fell today. Notable movers include AAVE up 9.11% at Rp3.277.240 with 60% buy order activity, EOS up 8.13% at Rp12.649, and AXS up 7.84% at Rp22.123.
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