The firm deposited 455,784 SOL after a month of inactivity, reflecting ongoing adjustments to its Solana treasury strategy.
Forward Industries transferred 455,784 SOL, valued at approximately $31.87 million, to Coinbase Prime following a month-long pause in activity. The move is part of its Solana treasury strategy initiated in September 2025.
Since inception, the company has allocated $1.59 billion to acquire 6.83 million SOL at an average price of $232.08. Current holdings stand at $458.6 million, with an unrealized loss nearing $1.13 billion.
No immediate market reaction was reported following the deposit.