Forward Industries Moves $32M in SOL to Coinbase as Treasury Losses Mount
Joerg Hiller Jun 05, 2026 11:07 Forward Industries transfers $31.9M in Solana to Coinbase Prime amid a $1.15B unrealized loss, highlighting challenges for crypto treasury strategies. Forward Industries (NASDAQ: FWDI) has transferred $31.9 million worth of Solana (SOL) to Coinbase Prime, according to blockchain data analyzed by Arkham Intelligence. The move marks the company’s first...
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