Forward Industries adds over 500K SOL as shares jump 17% and treasury sits $1B underwater
decrypt.co •
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan NewsForward Industries bought over 500,000 SOL in fiscal Q3 for more than $38 million, lifting its balance sheet to about 7.55 million SOL worth roughly $579 million. FWDI popped nearly 17% to $4.94, but the stock is still down about 26% over six months and 89% below its $46 52-week high. The treasury math is still brutal: Forward bought most of its original 6.8 million SOL around $232, leaving it with more than $1 billion in unrealized losses at SOL just under $77.
TLDR by @Benthic
Explore the topic
More on Treasury
Tradeweb executes first real-time onchain U.S. Treasury trade on its platform against USDCx via Canton
blog.digitalasset ·
Bitmine buys 27,084 ETH as treasury hits 5.70M ETH, 4.7% of Ethereum supply
sec.gov ·
Reap integrates Circle’s USYC tokenised fund to bring yield-bearing treasury management to globally operating businesses
reap.global ·
Public firms now hold over 1M BTC as Strategy, Tesla, Block and Metaplanet embrace Bitcoin treasury strategies to hedge inflation and attract investors
The Block ·
Entropy Advisors explains how DAOs and foundations use options to raise capital, manage treasury risk and monetize tokens without direct market sales
𝕏/@EntropyAdvisors ·
ENS DAO proposes dissolving itself and transferring nearly $500 million treasury to ENS foundation
𝕏/@LefterisJP ·
Tradeweb executes first real-time onchain U.S. Treasury trade on its platform against USDCx via Canton
blog.digitalasset ·
Bitmine buys 27,084 ETH as treasury hits 5.70M ETH, 4.7% of Ethereum supply
sec.gov ·
Reap integrates Circle’s USYC tokenised fund to bring yield-bearing treasury management to globally operating businesses
reap.global ·
Public firms now hold over 1M BTC as Strategy, Tesla, Block and Metaplanet embrace Bitcoin treasury strategies to hedge inflation and attract investors
The Block ·
Entropy Advisors explains how DAOs and foundations use options to raise capital, manage treasury risk and monetize tokens without direct market sales
𝕏/@EntropyAdvisors ·
ENS DAO proposes dissolving itself and transferring nearly $500 million treasury to ENS foundation
𝕏/@LefterisJP ·