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Forward Industries (FWDI) SOL Treasury Strategy FAQ
TL;DR
Forward Industries' ticker change to FWDI signals strategic focus on SOL treasury growth, offering investors potential advantage through $1 billion share repurchase and 6.9 million SOL holdings.
Forward Industries changed its ticker to FWDI as part of a SOL treasury strategy involving staking, lending, and DeFi activities to build shareholder value systematically.
Forward Industries' focus on Solana technology and crypto advisory board aims to advance decentralized finance, potentially creating a more innovative and accessible financial future.
Forward Industries now holds 6.9 million SOL worth $1.59 billion and formed a 25-member crypto advisory board while changing its ticker to FWDI.
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The announcement covers Forward Industries' strategic shift to focus on building and managing a large-scale Solana (SOL) treasury, which includes changing its stock ticker from FORD to FWDI to reflect this new direction.
The ticker change reflects the company's focus on its SOL treasury strategy, which concentrates on acquiring SOL and deploying these assets through various on-chain activities.
The strategy centers on acquiring SOL assets and deploying them strategically through on-chain activities like staking, lending, and participating in decentralized finance (DeFi) within the Solana ecosystem to create shareholder value.
Forward Industries recently reached 6.9 million in total SOL holdings, with a total cost of around $1.59 billion.
The company recently formed a crypto advisory board featuring 25 inaugural members with collective experience in the Solana ecosystem, digital assets, capital markets, and financial services.
Forward Industries announced a $1 billion share repurchase program and filed a Resale Prospectus Supplement, highlighting the company's dedication to building shareholder value and belief in Solana technology.
The announcement was made on December 11, 2025, as indicated in the content.
For more information, visit the company's website at www.forwardindustries.com or view the full article at https://nnw.fm/VHT2K.
Certain statements are forward-looking and involve risks, uncertainties, and factors that may cause actual results to differ materially; undue reliance should not be placed on these statements when making investment decisions.
Forward Industries is a company building and managing a large-scale Solana treasury, with a strategy centered on creating shareholder value by actively participating within the Solana ecosystem and deploying assets through on-chain opportunities.
Curated from NewMediaWire
