Forward Industries Finances Share Buyback with Solana Reserves, Increasing Crypto Exposure Per Share Amid Market Volatility
ByAinvest
Friday, Mar 20, 2026 4:08 am ET1min read
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Forward Industries used its Solana reserves as collateral to finance a $27.4 million share buyback, increasing its crypto exposure per share. Despite market pressure, the company aims to restore confidence while capitalizing on its digital assets. Forward also plans to reduce its SG&A expenses by 45%. This strategy could redefine the role of digital assets in public companies if market pressure persists.
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