Forward Industries adds 254,000 SOL, lifting treasury above 7.8 million SOL

Forward Industries resumed buying SOL, acquiring an additional 254,000 tokens between July and August 3 at an average price of $75. The purchase brought its total treasury to more than 7.8 million SOL, and the company was described as the largest Solana treasury by holdings. Corporate crypto treasuries are typically used to accumulate and hold digital assets on a balance sheet, making the move a signal of continued conviction in Solana despite market volatility.

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