Solana treasury company Forward Industries repurchased over 6 million shares from institutional investors for $27.4 million, accounting for approximately 7.4% of outstanding shares. The funds came from a $40 million crypto-collateralized loan provided by Galaxy Digital (secured by pledged SOL). The company stated that it prioritizes stock buybacks to enhance per-share SOL benefits when the stock price is significantly below net asset value, rather than directly increasing spot holdings. Currently, it holds around 7 million SOL, with an unrealized loss of approximately $1.1 billion. (Decrypt) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58373