Curated News
By: NewsRamp Editorial Staff
September 22, 2026

Forward Industries Adds 357K SOL, Holdings Hit 8.16M

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Original Source

TLDR

  • Forward Industries holds 8.16 million SOL, about 1.39 percent of Solana's supply, gaining a major stake in the ecosystem.
  • Forward Industries added 357,000 SOL from Aug. 4 to Sept. 20, 2026, through purchases and staking, at an average cost of $78.26.
  • Forward Industries strengthens Solana by staking SOL, supporting developers and projects to grow the network and benefit the community.
  • Forward Industries now holds over 8 million SOL, showing how staking rewards can significantly increase crypto holdings over time.

Impact - Why it Matters

This news matters because it demonstrates the growing institutional adoption of Solana and the maturation of digital asset treasury strategies. Forward Industries' substantial accumulation of SOL, now representing 1.39% of the circulating supply, signals strong confidence in Solana's ecosystem and could influence market dynamics by reducing available supply. For investors, it highlights the potential of crypto-focused treasury companies to generate returns through staking and strategic acquisitions. As more public companies adopt similar strategies, it could lead to increased demand for SOL and other digital assets, potentially driving up prices and further legitimizing cryptocurrencies as a treasury reserve asset. This move also underscores the role of major investors like Galaxy Digital and Jump Crypto in supporting such initiatives, which may encourage other companies to explore similar paths.

Summary

Forward Industries (NASDAQ: FWDI), a leading Solana treasury company, has significantly expanded its digital asset holdings, adding approximately 357,000 SOL and SOL equivalents through purchases and staking rewards between August 4 and September 20, 2026. As of September 21, the company holds roughly 8.16 million SOL and SOL equivalents, representing about 1.39% of Solana's circulating supply. This growth underscores Forward Industries' commitment to its Solana-focused treasury strategy, which involves buying, holding, staking, trading, and investing in SOL and related digital assets. The company reported an average cost of $78.26 for purchased SOL and SOL earned through staking, with no cash cost ascribed to staking rewards. Total holdings include SOL, fwdSOL, pledged SOL, and other SOL equivalents, and are preliminary and unaudited. To view the full press release, visit https://ibn.fm/H6SAd.

Forward Industries, Inc. (NASDAQ: FWDI) is dedicated to expanding and strengthening the Solana ecosystem by acquiring and staking SOL, engaging with developers, and investing in Solana-related projects to increase shareholder value. The company launched its digital asset treasury strategy in September 2025, supported by industry-leading investors and operating partners such as Galaxy Digital and Jump Crypto. For more information on the company's Solana treasury strategy, visit www.forwardindustries.com. The latest news and updates relating to FWDI are available in the company's newsroom at https://ibn.fm/FWDI.

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Source Statement

This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Forward Industries Adds 357K SOL, Holdings Hit 8.16M

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