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Benzinga
Benzinga
Business
Khyathi Dalal

Forward Industries Surges 12% Premarket On $1.65B Raise To Fund Solana Treasury Strategy

Solana,Logo,And,Coin,With,Shiny,Elements

Solana (CRYPTO: SOL) is up 8% over the past week, buoyed by news that more companies are looking to accumulate SOL as a treasury asset.

Forward Industries (NASDAQ:FORD) on Thursday announced the completion of a $1.65 billion private placement to advance its Solana-focused treasury strategy.

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