X @Wu Blockchain

Nasdaq-listed Forward Industries, the largest publicly traded Solana treasury company, is facing a difficult period. FWDI currently holds nearly 7 million SOL, more than the next three competitors combined. Its average SOL acquisition cost is about $232; at the current price near $85, the holdings are valued at roughly $600 million, implying an unrealized loss of nearly $1 billion. FWDI shares have also fallen from nearly $40 at last year’s peak to around $5.https://t.co/Y3WBsmUrr6 ...