SOL Treasury Enterprise Overall Book Loss Exceeds $1.5 Billion, Related Company Stock Prices Drop 59%-80%

Odaily News Publicly traded U.S. companies holding Solana (SOL) as an asset are currently facing book losses exceeding $1.5 billion. These companies collectively hold over 12 million SOL, accounting for approximately 2% of the total supply. Due to the decline in market prices, the stock prices of related companies are significantly lower than the value of their tokens, limiting their fundraising capabilities. CoinGecko data shows that Forward Industries, Sharps Technology, DeFi Development Corp, and Upexi have book losses exceeding $1.4 billion. Among them, Forward Industries holds 6.9 million SOL with an average cost of around $230, resulting in a book loss of over $1 billion. (Cointelegraph)