Since the end of September, Forward Industries has grown its Solana treasury by roughly 226,000 $SOL, through token purchases and staking rewards. Its holdings now total about 8.7 million $SOL, valued at roughly $726.5 million. That amount is around 1.5% of Solana’s total circulating supply.

According to Tuesday’s update, Forward Industries has the largest Solana treasury among publicly listed companies. DeFi Development Corp. is in second place, with just over 2.6 million $SOL.

Forward Industries Obtains a $50M Credit Line

An unnamed U.S. national bank has provided Forward Industries with a $50 million credit facility. The company can access it for two years. The $SOL backing the loan will remain staked, enabling the company to keep earning rewards.

Separately, Forward Industries has committed up to $50 million to USHP, a tokenized product that tracks U.S. home prices. Galaxy-Sharplink Onchain Yield Fund also anchored the product’s launch. Management intends to use income from the investment to buy more $SOL for its treasury.

The @galaxyhq Sharplink Onchain Yield Fund anchored the launch of @USHP_Official.

USHP is the first tokenized index product tracking U.S. home prices.

U.S. housing is a $55 trillion market. Investors now have an easy way to own it as an index. pic.twitter.com/w9BlN33I0t

— Sharplink (@Sharplink) November 10, 2026

$SOL and Forward Industries Shares Near Three-Month Lows

Solana fell around $81 during Tuesday trading, reaching its lowest level in almost three months. The token later recovered and traded at around $83.40.

Forward Industries shares also dropped to $5.25, near a three-month low. The company’s stock is now down more than 28% since the start of the year.

Source: coinedition.com. Adapted by NBTC.