Forward Industries increased holdings by over 500,000 SOL in Q3, total holdings rise to 7.55 million

Odaily reports that Solana treasury company Forward Industries has released its Q3 update for fiscal year 2026. The report shows that the company added over 500,000 SOL this quarter, bringing its total holdings to 7.55 million SOL.

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

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