Public companies holding SOL face over $1.5B in unrealized losses

Publicly traded companies that strategically accumulated Solana (SOL) are currently facing total unrealized losses of over $1.5 billion, Cointelegraph reported. The top four corporate holders of Solana—Forward Industries, Sharps Technology, DeFi Development, and Upexi—have disclosed unrealized losses amounting to $1.4 billion. The stock prices of these companies have also plummeted by 59% to 80% over the past six months.