The post Solana Treasury Giant Nears $1 Billion Loss on SOL Bet appeared on BitcoinEthereumNews.com. Forward Industries’ CIO says the company aims to become theThe post Solana Treasury Giant Nears $1 Billion Loss on SOL Bet appeared on BitcoinEthereumNews.com. Forward Industries’ CIO says the company aims to become the

Solana Treasury Giant Nears $1 Billion Loss on SOL Bet

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Forward Industries’ CIO says the company aims to become the “Berkshire Hathaway of the Solana ecosystem,” even as its treasury approaches $1 billion in unrealized losses.

The statement comes as SOL has declined nearly 30% year-to-date, a drop that is impacting balance sheets across major Solana-focused digital asset treasury (DAT) firms.

Solana’s Price Decline Deepens Institutional Pain

Forward Industries is the largest institutional holder of Solana. The company began accumulating SOL in September 2025 after raising approximately $1.65 billion through a private investment in public equity (PIPE), backed by Galaxy Digital, Jump Crypto, and Multicoin Capital.

According to the latest data from CoinGecko, it holds over 6.9 million SOL. The firm acquired its position at an average price of around $230 per token, implying a total cost basis of roughly $1.59 billion.

Follow us on X to get the latest news as it happens

Forward Industries’ Solana Holdings. Source: CoinGecko

With the altcoin trading near $87, the company’s stake is now worth approximately $605.2 million. That represents an unrealized loss of nearly $1 billion, or roughly 62% from its average entry price.

Furthermore, FWDI shares have fallen from over $39 to roughly $5 since the company started buying SOL. According to Google Finance data, the stock price declined by 31.47% in 2026 alone.

Forward Industries Stock Price. Source: Google Finance

Despite the drawdown, the firm’s conviction remains strong. Company leadership has outlined an ambitious long-term vision that transcends short-term volatility.

According to CoinGecko treasury data, Forward Industries is not alone. Firms like DeFi Development Corp, Upexi, and Sharps Technology are also sitting on significant unrealized losses as Solana’s price continues to slide.

The losses extend well beyond Solana-focused firms. Bitmine’s Ethereum (ETH) holdings have produced unrealized losses exceeding $7 billion. Meanwhile, Strategy’s Bitcoin (BTC) position carries paper losses of roughly $5 billion, according to Saylortracker data.

The broader DAT model, in which publicly listed companies hold crypto assets as their primary balance sheet instrument, is showing its vulnerabilities as a synchronized market decline compresses asset values while equity investors reprice risk.

Solana Launches “Solana Payments” Amid Ecosystem Momentum

Despite price struggles, ecosystem developments have continued. Yesterday, the team introduced Solana Payments, a new initiative to accelerate on-chain payment adoption.

According to the network, major players, including Visa, PayPal, Stripe, Western Union, and Fiserv, are running live products on the network, not just pilots. It also stated that the network has processed over 480 billion transactions and facilitates approximately $2 trillion in stablecoin transfers per quarter.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

Thus, while ecosystem development continues and institutional narratives remain ambitious, prolonged price weakness is testing balance sheets and investor confidence alike. Forward Industries’ bet on SOL’s long-term value may yet prove correct, but the timeline and the market’s patience for it remain open questions.

Source: https://beincrypto.com/forward-industries-solana-price-loss-long-term-strategy/

Market Opportunity
Solana Logo
Solana Price(SOL)
$84.14
$84.14$84.14
-0.43%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Walmart Recession Signal points to 'sharp economic downtown': Wall Street insider

Walmart Recession Signal points to 'sharp economic downtown': Wall Street insider

Jim Paulsen, a veteran economist and former chief investment strategist for the Leuthold Group (a Minneapolis-based investment research company), is known for operating
Share
Alternet2026/03/30 23:12
Trump’s Critical Warning: US Engages Iran’s New Regime in High-Stakes Talks, Threatens Strikes if Diplomacy Fails

Trump’s Critical Warning: US Engages Iran’s New Regime in High-Stakes Talks, Threatens Strikes if Diplomacy Fails

BitcoinWorld Trump’s Critical Warning: US Engages Iran’s New Regime in High-Stakes Talks, Threatens Strikes if Diplomacy Fails WASHINGTON, D.C. — March 15, 2025
Share
bitcoinworld2026/03/30 23:05
CME to launch Solana and XRP futures options on October 13, 2025

CME to launch Solana and XRP futures options on October 13, 2025

The post CME to launch Solana and XRP futures options on October 13, 2025 appeared on BitcoinEthereumNews.com. Key Takeaways CME Group will launch futures options for Solana (SOL) and XRP. The launch date is set for October 13, 2025. CME Group will launch futures options for Solana and XRP on October 13, 2025. The Chicago-based derivatives exchange will add the new crypto derivatives products to its existing digital asset offerings. The launch will provide institutional and retail traders with additional tools to hedge positions and speculate on price movements for both digital assets. The futures options will be based on CME’s existing Solana and XRP futures contracts. Trading will be conducted through CME Globex, the exchange’s electronic trading platform. Source: https://cryptobriefing.com/cme-solana-xrp-futures-options-launch-2025/
Share
BitcoinEthereumNews2025/09/18 01:07