Forward Industries increased its SOL holdings by over 500,000 in the third quarter, bringing total holdings to 7.55 million

Odaily reported that Solana treasury company Forward Industries released its fiscal 2026 third-quarter update. The report shows that the company added over 500,000 SOL during the quarter, bringing its total holdings to 7.55 million.

Additionally, the company's fully diluted SOL per share increased to 0.0729 from 0.0669 in the previous quarter, representing a 36% annualized sequential growth. During the same period, the company issued 93,642 common shares through an At The Market (ATM) offering, completing accretive financing at a premium to Net Asset Value (NAV).

Forward stated that it will continue to increase its SOL holdings per share through public market capital operations (including discount buybacks and premium offerings) and leverage strategies (using fwdSOL as collateral), while further expanding institutional capital channels through inclusion in the Russell 2000 and Russell 3000 indices.