🚨 Forward Industries Announces $1B Share Buyback — Deepening Its Solana Bet 🔥

Forward Industries, the largest corporate holder of Solana (SOL) with over 6.8 million SOL (≈ $1.07 billion), has approved a $1 billion share repurchase program running through September 2027.

The plan allows buybacks via open-market trades, block deals, or private transactions — signaling strong confidence in both the company’s long-term value and Solana’s ecosystem.

Despite the bullish move, Forward’s stock dropped ~25% and SOL slid 19% this week, reflecting broader market weakness among crypto-focused firms.

“This gives us flexibility to return capital to shareholders while advancing our Solana initiatives,” said Chairman Kyle Samani.

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