Forward Industries just widened its Solana lead @FWDind's shares jumped more than 17% Wednesday after the Nasdaq company said it bought over 500,000 SOL during its fiscal third quarter, which ended June 30. Total holdings now sit at 7.55 million $SOL, worth about $576 million. Acquired at an average price near $79 per token. That's more SOL than the next three largest publicly traded Solana treasury firms combined, per The Block's data. Forward's CIO put it simply: maximize SOL per share, build long-term value. The company is also leaning on its new Russell 2000 and 3000 inclusion to raise fresh capital. $FWDI trading near $4.93. SOL touched a one-month high above $77, well off its June low near $60.

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🚨BREAKING: Forward Industries (@FWDind) is back to buying $SOL. The largest Solana treasury by holdings bought over 500K $SOL ($39.5M) in fiscal Q3 at an average price of $79, taking its total holdings to 7.55M $SOL.