Forward Industries Capital Raise Secures $25 Million for SOL Acquisition
Sep 23 2026 14:58 UTC

Forward Industries capital raise targets $25 million to expand its SOL cryptocurrency treasury through a strategic common stock offering.

➤ Forward Industries is raising $25 million through a common stock offering to acquire more SOL tokens for its corporate treasury.
➤ The company aims to increase its SOL holdings per fully diluted share, signaling a strategic bet on Solana's ecosystem.
➤ This move is notable as it focuses on a specific cryptocurrency treasury expansion, differentiating from broader Bitcoin or Ethereum treasury strategies.

Read more at: https://rwatimes.io/articles/en.cryptonomist-forward-industries-capital-raise-secures-25-million-for-sol-acquisition-3171643562?utm_source=binance