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Forward Industries moves $32M in SOL amid $1B paper loss

Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Forward Industries moves $32M in SOL amid $1B paper loss

Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.

Why this matters

Solana is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.

Original source

Read on Cointelegraph

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