Forward Industries States It Will Adopt Offensive Strategy and Consolidate Other SOL Treasury Companies if Industry Faces Funding Pressure

Odaily News Ryan Navi, Chief Information Officer of Solana treasury company Forward Industries (FWDI), stated that there is current mispricing in the market, creating potential opportunities for the company. Ryan Navi pointed out that Forward Industries currently has no debt, and if the industry faces funding constraints, the company will adopt an offensive strategy to drive the consolidation of other SOL treasury companies.

He disclosed that Forward Industries currently holds nearly 7 million SOL, with a holding size exceeding the combined total of its top three competitors. Ryan Navi further stated that a balance sheet with no leverage and no debt is considered by him as a core advantage in the crypto treasury market. The company will continue to allocate Solana as a long-term strategic infrastructure, rather than a short-term speculative tool, without using leverage or taking on debt. (Coindesk)