Forward Industries Nears $1B Unrealized Loss as Solana Price Falls Below Its $232 Buy-In

TLDR: Forward Industries holds 6.96M SOL purchased at $232.08, putting its unrealized loss close to $1 billion. The company posted a $585.65M net loss in Q1 fiscal 2026, largely from a $560M digital asset loss. Staking rewards topped 112,171 SOL since inception, with gross APY ranging between 6.5% and 7.2%. Forward reported $21.4M in revenue, [...]

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