[Forward Industries Discloses SOL Holdings Increased to 7.013 Million and Spent $27.4 Million on Stock Buyback] According to Golden Finance, Nasdaq-listed Solana treasury company Forward Industries announced that it has reached an agreement with an institutional investor to repurchase 6,164,324 shares of common stock for $27.4 million. This transaction will reduce its outstanding common stock from 83,142,133 shares to 76,977,809 shares. Forward Industries disclosed that the funds for this transaction came from a $40 million digital currency master loan agreement with Galaxy Digital, with fwdSOL used as collateral. Additionally, Forward Industries revealed that as of March 18, 2026, its total SOL holdings reached 7,013,536 tokens, an increase of 51,035 tokens compared to the end of 2025.