Solana Writedowns Push Forward Industries to $69 Million Q3 Loss

Forward Industries (FWDI) booked a $69 million net loss for its fiscal third quarter, or $0.80 per share, after writedowns on its Solana (SOL) treasury. The Nasdaq-listed company still grew the asset behind the loss. Its Solana stack grew to more than 7.55 million SOL by June 30, and SOL per share climbed 9% from The post Solana Writedowns Push Forward Industries to $69 Million Q3 Loss appeared first on BeInCrypto.