Forward Industries is still bleeding on their Solana bets, down almost $1.13 billion overall. After a full month of silence they just deposited 455,784
$SOL worth $31.87 million straight to Coinbase Prime.
They kicked off the Solana treasury strategy back in September 2025 and have dumped around $1.59 billion into buying 6.83 million
$SOL at an average price of $232.08. Those same coins are now sitting at only $458.6 million in value.
Tough spot for them on
$SOL .
$ETH and
$BTC holders watching this one closely too.
#Solana #OnChain #Crypto #Altcoins #TreasuryMoves