Forward Industries increased its Solana holdings by nearly 949,000 SOL in the last quarter, according to a report cited by ChainCatcher and attributed to The Block. The company’s total SOL position rose to 8.5 million tokens after the purchase. That amount accounts for about 1.4% of SOL’s circulating supply, based on the figures provided in the report. Forward Industries also said the average cost of the SOL it acquired during the quarter was $83. The update centers on the company’s latest quarter-end position and the average purchase price for the additional tokens accumulated during that period.
Forward Industries bought nearly 949,000 SOL in the last quarter, bringing its total holdings to 8.5 million SOL, according to The Block as cited by ChainCatcher.
The report said the company’s SOL holdings now represent about 1.4% of the token’s circulating supply. Forward Industries said the SOL added during the quarter was acquired at an average cost of $83.
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