On September 30, Forward Industries, the largest SOL treasury company in the US stock market, saw its stock price fall over 10%, with a market capitalization dropping to $2.236 billion. Forward Industries has accumulated 6.822 million SOL at an average price of $232, totaling approximately $1.58 billion in costs. The company's stock price has declined 44% since it peaked on September 12. BlockBeats previously reported that on September 17, Forward Industries (FORD), the largest Solana treasury company, announced today that it has submitted a $4 billion ATM plan to the US SEC to provide funding support for its Solana financial strategy. This plan will be used for general corporate purposes, including continuing to execute the Solana strategy, purchasing income-generating assets, and other capital expenditures.
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The stock price of Forward, the largest SOL treasury company, fell by more than 10%, and its market capitalization dropped to 2.236 billion USD.
On September 30, Forward Industries, the largest SOL treasury company in the US stock market, saw its stock price fall over 10%, with a market capitalization dropping to $2.236 billion. Forward Industries has accumulated 6.822 million SOL at an average price of $232, totaling approximately $1.58 billion in costs. The company's stock price has declined 44% since it peaked on September 12. BlockBeats previously reported that on September 17, Forward Industries (FORD), the largest Solana treasury company, announced today that it has submitted a $4 billion ATM plan to the US SEC to provide funding support for its Solana financial strategy. This plan will be used for general corporate purposes, including continuing to execute the Solana strategy, purchasing income-generating assets, and other capital expenditures.