Forward Industries Increases SOL Holdings by Over 500,000 in Q3, Totaling 7.55 Million Coins

BlockBeats News, July 2nd — Solana treasury company Forward Industries released its third quarter update for the 2026 fiscal year. The company increased its holdings by over 500,000 SOL, bringing the total to 7.55 million SOL. The fully diluted earnings per SOL rose from 0.0669 in the previous quarter to 0.0729, representing a 36% quarter-over-quarter annualized growth. Additionally, the company issued 93,642 shares of common stock through At The Market, realizing value-added financing during NAV premiums.

Forward stated that it will continue to maximize the per-SOL amount through open market operations (discounted repurchases, premium issuances) and leverage strategies (collateralizing with fwdSOL). Furthermore, the company aims to expand institutional capital channels by being included in the Russell 2000 and Russell 3000 indexes.