Solana Treasury Giant Forward Industries Reports $283 Million Quarterly Loss

May 15, 2026 - 04:15
Solana Treasury Giant Forward Industries Reports $283 Million Quarterly Loss
Forward Industries (FWDI), the largest corporate Solana (SOL) holder, posted a $283.1 million net loss for the fiscal second quarter ended March 31, 2026. Despite this, total revenue still quadrupled year over year, primarily from staking rewards generated by the Company’s Solana treasury strategy. Forward Industries Posts $283M Q2 Loss on Solana Markdowns Solana fell...

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