Forward Industries Reports Solana Holdings Of 6.91M As Of November 15, 2025

Author: Benzinga Newsdesk | November 17, 2025 08:18am

Continues to Actively Execute Solana Treasury Strategy

Forward Industries, Inc. (NASDAQ:FWDI) (the "Company" or "Forward Industries"), the leading Solana treasury company, today announced its monthly treasury update as part of its ongoing commitment to transparency and shareholder engagement. As of November 15, 2025, the Company's Solana ("SOL") holdings totaled 6,910,568 SOL.

Forward Industries Treasury Update

• Treasury Holdings: As of November 15, 2025, the Company's liquid SOL holdings totaled 6,910,568 SOL. Since inception, 6,834,505.96 SOL have been purchased at a net cost of $232.08 per SOL, representing a total cost of approximately $1.59 billion.
• Staking: Since inception, the Company's validator infrastructure has achieved a 6.82% gross annual percentage yield (APY) before fees. Nearly all of the Company's SOL holdings are currently staked.
• Tax Optimization: In the period between October 16, 2025 and November 15, 2025, Forward Industries reset $334 million in notional value and spent approximately $51,600 in value (net of fees) through tax loss harvesting operations which offsets future tax burdens and allows the Company to optimally continue increasing SOL-per-share and driving shareholder value.

Today's treasury update follows the Company's recent announcement of a new $1 billion share repurchase program, reflecting its confidence in both Forward Industries' differentiated strategy and underlying strength of Solana's ecosystem.

As of November 17, 2025, the Company has also transitioned its NASDAQ stock ticker from FORD to FWDI.

Posted In: FORD FWDI