Sep 15, 2025
Forward Industries Loads Up on 6.82M SOL in $1.58B Treasury Play
TLDR: Forward Industries bought 6.82M SOL at $232 each, totaling $1.58B, starting its Solana treasury strategy. The purchase used open market and on-chain trades, including a $1M execution via Solana DFlow aggregator. The buy follows a $1.65B PIPE financing led by Galaxy Digital, Jump Crypto, and Multicoin Capital. All 6.82M SOL tokens are staked, boosting [...]
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