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Forward Industries Increases SOL Holdings by Over 500,000 in Q3, Total Holdings Rise to 7.55 Million

On July 2, Solana treasury company Forward Industries released its Q3 update for the fiscal year 2026. The company increased its holdings by over 500,000 SOL, bringing the total to 7.55 million. The fully diluted per-share SOL increased from 0.0669 in the previous quarter to 0.0729, representing a quarter-over-quarter annualized growth of 36%. During the same period, the company issued 93,642 shares of common stock through At The Market, achieving value-added financing during NAV premiums. Forward stated that it will continue to maximize the number of SOL per share through public market capital operations (discount repurchases, premium issuances) and leverage strategies (using fwdSOL as collateral), while further broadening institutional capital channels by being included in the Russell 2000 and Russell 3000 indices.

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