{"id":10759,"date":"2025-09-15T14:19:06","date_gmt":"2025-09-15T14:19:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/forward-industries-locks-down-6-82m-sol-in-first-week-of-treasury-strategy\/"},"modified":"2025-09-15T14:19:17","modified_gmt":"2025-09-15T14:19:17","slug":"forward-industries-locks-down-6-82m-sol-in-first-week-of-treasury-strategy","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/forward-industries-locks-down-6-82m-sol-in-first-week-of-treasury-strategy\/","title":{"rendered":"Forward Industries locks down 6.82m SOL in first week of treasury strategy"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Forward Industries has gone all in on Solana, securing more than 6.8 million tokens and immediately committing them to staking. The move signals the company\u2019s long-term, vested interest in the health of the Solana ecosystem itself.<\/p>\n<div id=\"cn-block-summary-block_08c797c431a4efa7dd50d800425da2e5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Forward Industries acquired 6.82 million SOL tokens worth $1.58B in its first treasury move.<\/li>\n<li>The purchase was funded by a $1.65 billion PIPE financing led by Galaxy Digital, Jump Crypto, and Multicoin Capital. All tokens were staked, underscoring a long-term Solana treasury strategy and shift beyond the company\u2019s legacy business<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to a press release shared with crypto.news on Sept. 15, the Nasdaq-listed entity acquired 6,822,000 Solana (SOL) tokens at an average price of $232, deploying approximately $1.58 billion from its recent private investment round.<\/p>\n<p>The capital, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, was put to work in under a week, with the company executing a combination of open-market and on-chain purchases, including a notable $1 million trade routed through Solana-native DEX aggregator DFlow.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Why Forward industries is betting big on Solana<\/strong><\/h2>\n<p>Forward Industries\u2019 aggressive accumulation of SOL is the direct execution of what the company termed a new corporate mandate, moving beyond its legacy business in medical and tech design.<\/p>\n<p>This pivot is funded by a $1.65 billion private investment in public equity financing that closed on Sept. 11, marking the largest Solana-focused treasury raise to date and signaling robust institutional confidence not just in the asset, but in Forward\u2019s specific strategy to manage it.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are building the world\u2019s largest Solana treasury company, a strategy that will both advance the Solana ecosystem and deliver long-term value for our shareholders,\u201d Kyle Samani, Chairman of the Board of Directors of Forward Industries, said. \u201cWe are pleased to make some of our SOL purchases on-chain, which is the first of many activities we expect the Company to do natively on-chain.\u201d<\/p>\n<\/blockquote>\n<p>Notably, the company said its goal is to build an institutional-scale treasury that can be deployed within the Solana ecosystem to create differentiated value and increase SOL per share faster than passive holding would allow.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Forward Industries has gone all in on Solana, securing more than 6.8 million tokens and immediately committing them to staking. The move signals the company\u2019s long-term, vested interest in the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10759"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10759\/revisions"}],"predecessor-version":[{"id":10760,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10759\/revisions\/10760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4085"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}