Forward Industries posts $69M Q2 net loss as SOL declines

Forward Industries, a Solana accumulation company, posted a $69 million net loss in the second quarter as SOL fell, according to BeInCrypto. The company currently holds 7.55 million SOL and added more than 500,000 SOL during the quarter through additional purchases and staking, BeInCrypto said. Forward Industries is the largest SOL-focused DAT.