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Forward Industries' Solana treasury shows about $1B SOL losses despite 6.7% staking
Forward Industries began its Solana treasury strategy on September 8, 2025, buying and staking SOL, but the position has produced roughly $1 billion in unrealized losses even as it earned about 6.7% staking yield. The company reported a $585.65 million net loss for the quarter ended December 31, 2025, including $560.2 million of unrealized digital-asset losses and a $33 million impairment on its fwdSOL token. Its shares have fallen from $46 on September 12, 2025 to $4.71, while it holds 6,979,967 SOL with SOL priced around $91 versus $206 at launch.