[Forward Industries Announces Expansion of Global Solana Reserves to 7.55 Million SOL, Stock Price Rises 17%] BlockBeats reports that on July 1, according to BIT (bit.com) market data, Forward Industries (FWDI) saw its stock price rise by more than 17% on Wednesday after the company announced it had purchased over 500,000 Solana (SOL) during its fiscal third quarter, further expanding its digital asset reserves. Currently, the company's total Solana holdings exceed 7.55 million SOL, valued at approximately $576 million. As a Nasdaq-listed company, Forward Industries stated that the purchases were completed this quarter at an average price of around $79 per SOL. Additionally, the company's "fully diluted shares per SOL holding" annualized growth rate reached 36%, a significant increase compared to the previous quarter.