Forward Industries' $4B Solana Bet: Market Shakes
Update: 2025-09-17
Description
Solana Treasury Giant Forward Industries Eyes $4 Billion Raise: Will This Fuel a SOL Price Surge? Forward Industries, the biggest publicly traded Solana treasury, plans a massive $4 billion capital raise to boost its SOL holdings and acquire new assets, sending ripples through the crypto market. Following the announcement, FORD shares fluctuated, while Solana's price edged up amid bullish predictions. With DeFi Development Corp. also launching a Solana-focused offering, is this the start of a new wave of crypto treasury plays?
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