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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
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