Forward Industries increased its holdings by approximately 949,000 SOL in the fourth fiscal quarter, raising total holdings to 8.5 million.

Solana treasury company Forward Industries (NASDAQ: FWDI) disclosed that as of September 30, the company held approximately 8.5013 million SOL and SOL-equivalent assets, an increase of 948,600 SOL from the end of June, representing a growth of approximately 13%, or roughly 1.4% of Solana's circulating supply. The average cost per newly acquired SOL this quarter was approximately $83. During the same period, fully diluted SOL per share increased from 0.0730 to 0.0806, a quarterly growth of 10.4%. The SOL treasury, valued at the period-end price of $118.06, was worth approximately $1.004 billion, and the company's net asset value was approximately $870 million. These figures are currently preliminary and unaudited.