Forward Industries Maintains $600M Solana Position Despite $1B Unrealized Loss

TLDR: Forward Industries holds nearly 7 million SOL tokens, more than its next three competitors combined.  FWDI’s average SOL acquisition cost of $232 creates $1 billion unrealized loss at current $85 price.  The company’s debt-free balance sheet enables offensive consolidation while rivals face selling pressure.  Forward raised $1.65 billion in 2025 from Galaxy Digital, Jump [...]

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