Forward Industries increases its SOL holdings to 8.7 million tokens
On November 10, Forward Industries announced that its crypto treasury had reached approximately 8.7 million SOL after adding 226,000 SOL through purchases and staking rewards since late September. According to The Block’s estimate on the date of the announcement, the holdings were worth around $726.5 million, or approximately 1.5% of Solana’s circulating supply.
The company also secured a two-year, $50 million credit facility collateralized by SOL, which will remain staked. It plans to allocate up to another $50 million to the tokenized USHP product, which is linked to US housing prices. These are plans and commitments, not profits already received. With SOL falling to around $82, the market value of the treasury remains subject to fluctuations.
Source: The Block, November 10, 2026.
#Solana #Криптоказначейства
On November 10, Forward Industries announced that its crypto treasury had reached approximately 8.7 million SOL after adding 226,000 SOL through purchases and staking rewards since late September. According to The Block’s estimate on the date of the announcement, the holdings were worth around $726.5 million, or approximately 1.5% of Solana’s circulating supply.
The company also secured a two-year, $50 million credit facility collateralized by SOL, which will remain staked. It plans to allocate up to another $50 million to the tokenized USHP product, which is linked to US housing prices. These are plans and commitments, not profits already received. With SOL falling to around $82, the market value of the treasury remains subject to fluctuations.
Source: The Block, November 10, 2026.
#Solana #Криптоказначейства