Forward Industries Reports 6.87 Million SOL Treasury Holdings Generating 7.01% Yield

Forward Industries, Inc. (NASDAQ: FORD) has released its initial treasury update, revealing holdings of 6,871,599.06 SOL as of October 15, 2025. The company, positioning itself as a leading Solana treasury entity, has deployed more than $1.5 billion into the cryptocurrency, establishing institutional-grade validator infrastructure that generates over 1,000 SOL in daily revenue from staking yields averaging 7.01%.

Chairman Kyle Samani emphasized the strategic nature of the company's approach, noting that since inception, Forward Industries has purchased 6,834,505.96 SOL at an average cost of $232.08 per token. Nearly all of these holdings are currently staked, demonstrating the company's commitment to maximizing returns through active treasury management. The company's validator infrastructure has proven particularly effective, exceeding the average yield of the top 10 validators by approximately 20 basis points.

The significance of this announcement extends beyond the impressive numbers. Forward Industries' substantial investment in Solana represents a major corporate endorsement of blockchain technology and digital asset strategies. With backing from prominent cryptocurrency investors including Galaxy Digital, Jump Crypto, and Multicoin Capital, the company's treasury strategy signals growing institutional confidence in Solana's long-term viability and ecosystem growth potential.

This development matters to investors and the broader cryptocurrency industry because it demonstrates how traditional publicly-traded companies can effectively integrate digital assets into their treasury management strategies. The 7.01% yield generated through staking operations provides a sustainable revenue stream that could potentially enhance shareholder value over time, while simultaneously supporting the security and decentralization of the Solana network through their validator participation.

The company's approach to treasury management represents an evolution in corporate finance strategy, where digital assets are treated not merely as speculative investments but as productive assets capable of generating consistent returns. This model could influence other public companies considering similar treasury diversification strategies, potentially accelerating mainstream adoption of cryptocurrency in corporate finance operations. The full details of this strategic initiative are available in the official press release at https://ibn.fm/TN7nY.

Forward Industries' transition to incorporating Solana into its treasury strategy, initiated in September 2025, represents a significant shift for the 60-year-old design company that traditionally served medical and technology clients. This pivot demonstrates how established corporations are adapting to emerging financial technologies and exploring new revenue models beyond their core business operations. The successful implementation of this strategy could serve as a blueprint for other publicly-traded companies considering cryptocurrency treasury management.