coin-img-ETHETH+1.07%coin-img-SOLSOL+1.68%coin-img-BTCBTC+2.11%coin-img-TRUMPSOLTRUMPSOL-4.75%coin-img-ARBARB-0.58%coin-img-XRPXRP+0.72%coin-img-USDCUSDC-0.03%coin-img-NEARNEAR-6.97%coin-img-ETHETH+1.07%coin-img-SOLSOL+1.68%coin-img-BTCBTC+2.11%coin-img-TRUMPSOLTRUMPSOL-4.75%coin-img-ARBARB-0.58%coin-img-XRPXRP+0.72%coin-img-USDCUSDC-0.03%coin-img-NEARNEAR-6.97%coin-img-ETHETH+1.07%coin-img-SOLSOL+1.68%coin-img-BTCBTC+2.11%coin-img-TRUMPSOLTRUMPSOL-4.75%coin-img-ARBARB-0.58%coin-img-XRPXRP+0.72%coin-img-USDCUSDC-0.03%coin-img-NEARNEAR-6.97%coin-img-ETHETH+1.07%coin-img-SOLSOL+1.68%coin-img-BTCBTC+2.11%coin-img-TRUMPSOLTRUMPSOL-4.75%coin-img-ARBARB-0.58%coin-img-XRPXRP+0.72%coin-img-USDCUSDC-0.03%coin-img-NEARNEAR-6.97%

Forward Industries boosts Solana holdings to 8,501,298 SOL after adding 948,601 in fiscal Q4 ended Sept. 30

AI Market Summary
Forward Industries disclosed a 13% QoQ increase in its Solana treasury, adding 948,601 SOL at an average cost of $83 and lifting holdings to ~8.5M SOL (~1.4% of circulating supply). The company highlighted accretive equity issuance and rising fully diluted SOL per share, reinforcing a leveraged, ecosystem-focused balance-sheet strategy. The update signals continued institutional-style accumulation and deeper capital-market participation around Solana.
Impact level
● Medium
Affected assets
SOL/USDT+1.71%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Forward Industries said it added 948,601 Solana (SOL) during its fiscal fourth quarter ended Sept. 30, lifting its total to about 8.5 million SOL, up 13% from the prior quarter. The company said the additional SOL was bought at an average cost of $83 per coin, bringing its stake to roughly 1.4% of Solana’s circulating supply. On a fully diluted basis, SOL per share increased to 0.0806 from 0.0730 over the quarter.
SOL
SOL+1.68%
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