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Solana treasury company stock drops 7% after committing $4 billion to new purchases – TON BOT

Solana treasury company stock drops 7% after committing $4 billion to new purchases

Forward Industries is increasing its commitment to Solana by filing a $4 billion equity offering program with the SEC. The proceeds will support corporate needs and expand Solana treasury holdings. Despite a 7% drop in share prices, the move is seen as a strategic way to unlock capital. Other companies are also increasing their Solana treasuries due to potential advantages over Bitcoin and Ethereum.


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