Forward Industries Holds 6.87 Million SOL in Treasury Generating 7.01% Staking Yield

Forward Industries reported holding 6,871,599.06 SOL in its treasury as of October 15, 2025, with the company generating significant revenue through staking yields averaging 7.01%. The substantial cryptocurrency holdings represent a strategic shift for the company, which has deployed more than $1.5 billion into Solana since initiating its treasury strategy in September 2025.

According to Chairman Kyle Samani, the company has established institutional-grade validator infrastructure that is producing over 1,000 SOL in daily revenue through staking operations. The company's validator performance exceeds the average yield of the top 10 validators by approximately 20 basis points, demonstrating the sophistication of their technical implementation and operational efficiency in the competitive staking market.

The company's acquisition strategy has resulted in purchasing 6,834,505.96 SOL at an average cost of $232.08 per SOL since inception, with nearly all holdings currently staked to generate ongoing yield. This approach reflects Forward Industries' commitment to building long-term shareholder value while simultaneously supporting the growth and security of the Solana ecosystem through active participation in network validation.

Forward Industries' Solana treasury strategy is backed by prominent cryptocurrency investors including Galaxy Digital, Jump Crypto, and Multicoin Capital, providing institutional credibility and strategic support for the company's ambitious digital asset management approach. The involvement of these established firms signals growing institutional acceptance of cryptocurrency treasury strategies among publicly traded companies.

The company's disclosure of detailed treasury metrics, including specific SOL holdings and yield performance, represents a significant step toward transparency in corporate cryptocurrency adoption. This level of disclosure could set new standards for public companies managing digital asset treasuries, providing investors with clearer insights into cryptocurrency-related financial performance and risk management practices.

Forward Industries' successful implementation of its Solana treasury strategy demonstrates the potential for traditional companies to generate substantial revenue through cryptocurrency staking operations while maintaining institutional-grade security and operational standards. The company's ability to achieve above-market yields suggests that sophisticated treasury management techniques can create competitive advantages in the rapidly evolving digital asset landscape.

The substantial daily revenue generation from staking operations provides Forward Industries with ongoing capital that can be reinvested or used to support corporate operations, potentially creating a sustainable revenue stream independent of the company's traditional business lines. This diversification strategy could influence other public companies considering cryptocurrency treasury management as part of their broader financial planning and capital allocation decisions.