Forward Industries Expands Solana Treasury to 8.7 Million
Forward adds a $50 million credit line and housing-linked investment to support further SOL accumulation as the token hits a three-month low.
Forward Industries has grown its Solana treasury to 8.7 million tokens, according to a report by TheBlock. The accumulation comes as the digital asset hits a nearly three-month low in the broader market.
To facilitate further purchases, the company added a $50 million credit line alongside a housing-linked investment strategy.
Instant Telegram notifications for large on-chain moves.
Key facts
- Forward Industries increased its Solana treasury holdings to 8.7 million tokens.
- The accumulation effort is supported by a new $50 million credit line.
- A housing-linked investment was also added to fund further accumulation.
Source: theblock.co
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
