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Altcoins & DeFi

Forward Industries Expands SOL Treasury to 8.7 Million Tokens

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TL;DR: Forward Industries reported holdings of 8,727,694 Solana tokens and equivalents as of November 9, 2026, representing approximately 1.5% of the network’s circulating supply. The company added 226,396 SOL since September 30, 2026, at a reported average cost of $75 per unit. In the spot market, Solana trades around $83.80 – $84.80, after touching lows of $82 in recent sessions. Forward Industries reached 8.72 million SOL units to expand its treasury , consolidating the largest public corporate reserve of the token amid price contraction across the cryptocurrency market. Through a financial update filed with the SEC , the company detailed that its reserves grew from 8,501,298 tokens on September 30, 2026, to 8,727,694 tokens registered as of the close of November 9, 2026.

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