TechFlow News: On February 8, according to CoinDesk, Ryan Navi, CIO of Forward Industries (FWDI)—the largest Solana treasury company—stated that market mispricing is creating opportunities. FWDI carries no debt and will adopt an aggressive strategy, including consolidating other SOL treasury companies, should the industry face liquidity constraints.
FWDI holds nearly 7 million SOL, making it the publicly listed company with the largest SOL reserves—more than the combined holdings of its next three competitors.
Ryan Navi reiterated: “A leveraged-free balance sheet is the true competitive advantage in the crypto treasury market. While others are playing defense, Forward Industries will continue accumulating. Going forward, we will remain unleveraged, debt-free, and treat Solana as a long-term strategic infrastructure investment—not short-term speculation.”
