Forward Industries Makes Bold Move: Locks 6.82M SOL in First Week of Aggressive Treasury Strategy

Forward Industries just deployed a massive crypto treasury play—locking down 6.82 million SOL in their opening week. That’s not just a bet; it’s a statement.

Big Treasury Energy

While traditional CFOs still debate whether Bitcoin belongs on a balance sheet, Forward Industries went all-in on Solana. The move signals a shift from cautious hedging to full-scale crypto adoption—and they’re not looking back.

Timing the Market—Or Ignoring It

Locking millions in SOL during a volatile market takes guts—or sheer optimism. Either way, it’s a power play that’s got the whole sector talking. Maybe they know something Wall Street doesn’t. Or maybe they’re just tired of bonds yielding less than a savings account.

Where Corporate Strategy Meets Crypto Conviction

This isn’t dipping a toe in—it’s a cannonball into the deep end. Forward Industries is betting that Solana’s tech and ecosystem will outperform traditional assets. And if they’re right? Let’s just say their treasury returns might make the S&P 500 look sleepy.

One thing’s clear: while some companies are still stuck in committee meetings about blockchain pilots, others are already writing the playbook.

Why Forward industries is betting big on Solana

Forward Industries’ aggressive accumulation of SOL is the direct execution of what the company termed a new corporate mandate, moving beyond its legacy business in medical and tech design.

This pivot is funded by a $1.65 billion private investment in public equity financing that closed on Sept. 11, marking the largest Solana-focused treasury raise to date and signaling robust institutional confidence not just in the asset, but in Forward’s specific strategy to manage it.

“We are building the world’s largest Solana treasury company, a strategy that will both advance the Solana ecosystem and deliver long-term value for our shareholders,” Kyle Samani, Chairman of the Board of Directors of Forward Industries, said. “We are pleased to make some of our SOL purchases on-chain, which is the first of many activities we expect the Company to do natively on-chain.”

Notably, the company said its goal is to build an institutional-scale treasury that can be deployed within the Solana ecosystem to create differentiated value and increase SOL per share faster than passive holding WOULD allow.