Forward Industries (FORD) to become largest Solana treasury holder through $1.6B deal, stock jumps 101%

Forward Industries’ (FORD) stock price more than doubled after the company revealed plans to launch a $1.65 billion Solana treasury program. The rally followed news that Forward Industries had secured private placement commitments in cash and stablecoins from several industry giants, including Galaxy Digital, Jump Crypto, Multicoin Capital, and C/M Capital Partners, LP, one of The post Forward Industries (FORD) to become largest Solana treasury holder through $1.6B deal, stock jumps 101% appeared first on CryptoSlate.