[Forward Industries Increases SOL Holdings to Approximately 8.73 Million Tokens] According to a GlobeNewswire announcement, Solana treasury company Forward Industries (FWDI) disclosed that as of November 9th, it held approximately 8.73 million SOL and SOL equivalents, representing about 1.5% of the circulating supply of SOL. So far this quarter, it has increased its holdings by approximately 226,000 tokens, with an average cost of $75 (including collateral gains). The company also secured a $50 million two-year credit line from a federally chartered national bank, secured by SOL, at an interest rate of SOFR plus 150 basis points. The funds will be used to advance its SOL++ strategy. Furthermore, Forward Industries has committed up to $50 million to the US Home Price Hedge (USHP) product and acquired a minority stake in Index Industries.