Forward Industries holds 6.822 million SOL at a total cost of about $1.58 billion
2025-09-15 12:05:55
Nasdaq-listed Forward Industries announced that it has purchased 6,822,000 SOLs at an average purchase price of $232 for a total cost of approximately $1.58 billion. It is reported that the company acquired SOLs through a combination of open market purchases and on-chain transactions. They have previously stated that the goal is to build an institutional-scale pool of funds to deploy in a complex manner within the Solana ecosystem to create differentiated value and increase the value per SOL faster than simply passive holding.
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