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Forward Industries Grows Solana Stack Despite $69M Writedown Loss

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Forward Industries posted a $69M Q3 net loss from Solana treasury writedowns, but grew SOL holdings to 7.55M+ tokens and boosted SOL-per-share 9%.
  • Revenue quadrupled.
  • Company remains largest corporate Solana holder, continuing accumulation post-quarter.
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SOLUSD price history

103.44 +26.22% over the displayed period

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