The post Forward Industries Confirms $1.65B Investment in Solana Treasury, SOL Surges Above $215 appeared on BitcoinEthereumNews.com. Key Insights: Forward Industries announced $1.65 billion private placement to launch Solana Treasury strategy. SOL jumped 2.4% to $215.84 following the announcement, its first time above $215 since August 29, with daily gains reaching 4.55%. The purchase will more than double corporate SOL treasury holdings from 1.03% to 2.6% of the total token supply at $210 price level. Forward Industries confirmed its Solana (SOL)-focused digital asset treasury strategy on Sept. 8, announcing $1.65 billion in cash and stablecoin commitments through a private investment in public equity offering. The announcement validated the company’s initial Aug. 25 disclosure and triggered immediate market response. SOL climbed to $215.84 right after the news, marking a 2.4% hourly increase and the first breach of the $215 threshold since Aug. 29. Daily charts showed SOL gains reached 4.55%. The Forward Industries move reflected broader institutional momentum toward digital asset treasuries focused on SOL. Sharps Technology announced a $400 million private placement on Aug. 25 to establish another Solana treasury. Multicoin co-founder, Kyle Samani, is expected to become Forward Industries Chairman, positioning the investment to capitalize on market inefficiencies. He stated: “Solana is still widely misunderstood and discounted by market participants, despite the fact that it has been resilient through adversarial cycles.” Solana Emerges as Treasury Alternative Corporate digital asset strategies expanded beyond Bitcoin (BTC) in the late stages of this year’s first half. Ethereum and Solana are capturing institutional attention through their technical advantages and yield generation capabilities. Public companies collectively held 6.25 million SOL in their treasuries as of Sept. 4, marking a 285% growth compared to Jun. 1. Solana’s annual staking yield, ranging from 4% to 8%, significantly exceeded yields from most savings accounts or US Treasury bonds, which often fall below 5%. Unlike Bitcoin’s primarily store-of-value function, Solana offered corporate treasuries active participation… The post Forward Industries Confirms $1.65B Investment in Solana Treasury, SOL Surges Above $215 appeared on BitcoinEthereumNews.com. Key Insights: Forward Industries announced $1.65 billion private placement to launch Solana Treasury strategy. SOL jumped 2.4% to $215.84 following the announcement, its first time above $215 since August 29, with daily gains reaching 4.55%. The purchase will more than double corporate SOL treasury holdings from 1.03% to 2.6% of the total token supply at $210 price level. Forward Industries confirmed its Solana (SOL)-focused digital asset treasury strategy on Sept. 8, announcing $1.65 billion in cash and stablecoin commitments through a private investment in public equity offering. The announcement validated the company’s initial Aug. 25 disclosure and triggered immediate market response. SOL climbed to $215.84 right after the news, marking a 2.4% hourly increase and the first breach of the $215 threshold since Aug. 29. Daily charts showed SOL gains reached 4.55%. The Forward Industries move reflected broader institutional momentum toward digital asset treasuries focused on SOL. Sharps Technology announced a $400 million private placement on Aug. 25 to establish another Solana treasury. Multicoin co-founder, Kyle Samani, is expected to become Forward Industries Chairman, positioning the investment to capitalize on market inefficiencies. He stated: “Solana is still widely misunderstood and discounted by market participants, despite the fact that it has been resilient through adversarial cycles.” Solana Emerges as Treasury Alternative Corporate digital asset strategies expanded beyond Bitcoin (BTC) in the late stages of this year’s first half. Ethereum and Solana are capturing institutional attention through their technical advantages and yield generation capabilities. Public companies collectively held 6.25 million SOL in their treasuries as of Sept. 4, marking a 285% growth compared to Jun. 1. Solana’s annual staking yield, ranging from 4% to 8%, significantly exceeded yields from most savings accounts or US Treasury bonds, which often fall below 5%. Unlike Bitcoin’s primarily store-of-value function, Solana offered corporate treasuries active participation…