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Forward Industries, the largest SOL treasury company, has purchased a total of 6.822 million SOLs, with an average price of US$232

Source: BlockBeats
According to BlockBeats, on September 15, according to official news, Forward Industries, Inc., the largest Solana treasury company, announced today that it has completed the first batch of liquid SOL acquisitions, with a total purchase of 6,822,000 SOLs, an average price of US$232 and a total cost of approximately US$1.58 billion. "Today's acquisition marks an important milestone in Forward Industries' starting implementation of its differentiated Solana treasury strategy, which aims to benefit from the fastest growing and most profitable blockchain network. We are building the world's largest Solana treasury company, which will not only drive the Solana ecosystem but also create long-term value for shareholders. We are pleased to complete some of the SOL acquisitions on-chain, which will be the beginning of the company's future series of native activities on-chain." It is reported that the company acquires non-locked SOL through a combination of open market acquisitions and on-chain transactions, the first funding deployment of its recently completed $1.65 billion PIPE financing round, which was the first to be completed by Galaxy Digital (NASDAQ: GLXY), Jump Crypto and Multicoin Capital led the investment. It is worth noting that Forward Industries launched a private placement on September 8 and announced on September 11 that it had completed a $1.65 billion cash and stablecoin commitment private placement, which is only 4 days ago. According to Arkham data, the company was still receiving USDC and USDT from VC addresses on September 11, and began receiving SOLs from CEX four days ago.
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