Forward Industries’ SOL Holdings Rise to Approximately 8.16 Million SOL
Forward Industries updates investors on a larger Solana treasury position, including recent SOL additions and stated average acquisition cost.
Rhea-AI Summary
Forward Industries (FWDI) reported a rise in its Solana (SOL) treasury holdings to approximately 8.16 million SOL and SOL equivalents as of September 21, 2026. This position represents about 1.39% of Solana’s circulating supply.
Between August 4, 2026 and September 20, 2026, the company added roughly 357,000 SOL and SOL equivalents through a combination of purchases and staking rewards. During this period, the average cost for SOL acquired, including staking rewards valued with no cash cost, was $78.26. Total holdings of about 8,164,000 SOL include SOL, fwdSOL, pledged SOL, and other SOL equivalents, and are described as preliminary and unaudited.
Positive
- Total SOL holdings approximately 8.16 million as of September 21, 2026
- Share of Solana circulating supply about 1.39% held by the company
- SOL added in period approximately 357,000 between August 4 and September 20, 2026
- Average cost of SOL acquired $78.26 during the reported accumulation period
Negative
- None.
Key Figures
- SOL Added
- 357,000 SOL
- Aug. 4-Sep. 20, 2026; purchases and staking rewards
- Total SOL Holdings
- 8.164 million SOL
- As of Sep. 21, 2026; includes SOL, fwdSOL, pledged SOL and SOL equivalents
- Share of Circulating Supply
- 1.39%
- As of Sep. 21, 2026
- Average Cost
- $78.26
- SOL added during the reported period; includes purchased SOL and staking rewards
Previous Crypto Reports
-
Reported over 500,000 SOL added at about $79 average, reaching 7.55 million SOL.
-
Reported 6,921,342 SOL holdings after launching the treasury strategy and disclosing staking yield.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
staking rewards technical
circulating supply technical
unaudited regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
AUSTIN, TX, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company, today provided an update on its SOL treasury holdings.
From August 4, 2026 to September 20, 2026, Forward added approximately 357,000 SOL and SOL equivalents through purchases and staking rewards. As of September 21, 2026, the Company held approximately 8.16 Million SOL and SOL equivalents, representing approximately
| During Period Aug. 4, 2026 to Sep. 21, 2026 | As of Sep. 21, 2026 | |||||||||
| SOL Added (1) | Average Cost (2) | Total SOL Holdings (3) | ||||||||
| 357,000 | $ | 78.26 | 8,164,000 | |||||||
(1) Includes SOL acquired through purchases and SOL earned through staking rewards.
(2) Reflects purchased SOL and SOL earned through staking. Average Cost calculation ascribes no cash cost to SOL earned through staking.
(3) SOL Holdings includes SOL, fwdSOL, pledged SOL, and SOL equivalents. Holdings figures are preliminary and unaudited.
About Forward Industries, Inc.
Forward Industries, Inc. (NASDAQ: FWDI) is a Solana focused digital asset treasury company, with the strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL related digital assets, protocols and businesses. Forward’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to and investing in the Solana network, Solana developers and Solana related projects in order to increase shareholder value. For more information on the Company’s Solana treasury strategy, visit www.forwardindustries.com.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can generally be identified by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate” and similar expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including the highly volatile nature of the price of SOL and other digital assets, changes in market, regulatory and business conditions, and the risks identified in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise them.
Contacts
Media Contact: comms@forwardindustries.com
Investor Relations Contact: Sean Mansouri, CFA / Aaron D’Souza, Elevate IR, (720) 330-2829, ir@forwardindustries.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What period does the new SOL accumulation cover?
The reported accumulation covers the period from August 4, 2026 to September 20, 2026, during which Forward Industries added approximately 357,000 SOL and SOL equivalents through purchases and staking rewards.
How does Forward Industries define its total SOL holdings?
Total SOL holdings are defined as including SOL, fwdSOL, pledged SOL, and SOL equivalents. The company describes these holdings figures as preliminary and unaudited.
How is the stated average cost of $78.26 per SOL calculated?
The average cost of $78.26 reflects both purchased SOL and SOL earned through staking, with the calculation ascribing no cash cost to SOL that was earned via staking rewards.