Forward Industries has significantly expanded its Solana (SOL) treasury holdings, reaching a total of 8.7 million tokens. This move comes as the Solana token has dropped to a nearly three-month low. The company has secured a $50 million credit line and invested in housing-related opportunities to support its SOL accumulation efforts. This strategic approach aims to capitalize on potential price recovery in the market.
Source
"Forward Industries Expands SOL Holdings Amid Token Price Dip" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
SOL · 7D · $70.19−21.3%