Forward Industries has commenced its Solana treasury strategy with an acquisition of more than 6.8 million SOL, backed by major industry players.

Galaxy, Multicoin, & Jump Back Forward’s Solana Treasury

According to a press release , Forward Industries has completed its initial liquid Solana purchases totaling 6,822,000 SOL for its treasury strategy. The tokens cost the company $232 each or a total of $1.58 billion. CoinGecko’s tracker shows the largest SOL treasury before today held $474 million, making Forward’s bet the largest yet.

Forward Industries is a publicly-traded company that has historically focused on design and manufacturing. The dip into the digital asset sector with the Solana treasury program represents a new shift.

Kyle Samani, Chairman of the Board of Directors a

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