topstockalerts
Oct 2, 11:05 PM
Forward Industries reported a record quarterly increase in its Solana treasury, with total SOL and SOL-equivalent holdings rising 13% in the fiscal fourth quarter ended Sept. 30, 2026, to 8,501,298 SOL, equivalent to roughly 1.4% of Solana’s circulating supply. The company said its preliminary, unaudited net asset value reached approximately
$870 million at quarter-end, while it added 948,601 SOL during the period at an average cost of
$83 per token.
A key metric for investors was SOL per fully diluted share, which increased 10.4% quarter over quarter to 0.0806, representing approximately 42% annualized growth. Chief Investment Officer Ryan Navi described the quarter as a standout period, saying SOL additions “far exceeded” peers and highlighted the company’s disciplined capital-allocation strategy. Over its first full fiscal year executing its Solana-focused strategy, SOL per share increased 33% year over year.
$FWDI $SOL.X
