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Solana Treasury Firms Reject Takeover Bids as Forward Stock Soars

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The Story

News Summary

  • Forward Inc.'s bids to acquire multiple smaller Solana digital asset treasuries were unanimously rejected by their boards.
  • Despite the rejections, Forward's stock rose, while the target firms saw mixed price movements amid accusations of hostile takeover tactics and mounting pressure to consolidate.
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SOLUSD price history

96.92 +15.96% over the displayed period

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