CryptoNewsBreaks – Forward Industries, Inc. (NASDAQ: FWDI) Reports Fiscal Second Quarter Results, Advances Solana Treasury Strategy
Forward Industries (NASDAQ: FWDI) reported fiscal second-quarter 2026 results, highlighting strategic actions to strengthen its balance sheet and expand its Solana-focused treasury strategy, including a $40 million institutional debt facility with Galaxy Digital, a $27.4 million share repurchase that reduced basic shares outstanding by 7.4%, and implementation of a cost reduction plan expected to lower quarterly SG&A expenses. The company also announced a strategic investment in OnRe and plans to deploy up to $25 million into its yield-bearing token, expanding exposure to tokenized real-world assets while diversifying revenue streams beyond its core SOL-focused strategy. To view the full press release,…





