Forward Industries buys 254,325 SOL, raising holdings to 7.8 million

Forward Industries said it bought an additional 254,325 SOL between July and Aug. 3 for about $19.07 million, paying an average of roughly $75 per token. The purchase lifted the company's holdings to 7,807,022 SOL, or about 1.3% of Solana's circulating supply, reinforcing its position as the largest publicly listed corporate holder of SOL (DAT). CoinMarketCap data showed SOL trading at $76.11, up 0.52% over the previous 24 hours. Earlier coverage had framed the accumulation as part of competition among Solana DAT treasury players seeking larger SOL reserves.

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