Forward Industries’ $4B ATM Could Accelerate Solana (SOL) Accumulation and Support Potential Price Gains
The post Forward Industries’ $4B ATM Could Accelerate Solana (SOL) Accumulation and Support Potential Price Gains appeared on BitcoinEthereumNews.com.
Forward Industries filed an ATM prospectus to raise up to $4B to expand its Solana treasury, after buying 6.82M SOL (~$1.6B). This move could tighten available SOL supply and support higher Solana prices if deployed methodically and at scale. Forward Industries files $4B ATM to buy SOL, having already bought 6.82M SOL. Solana led majors today as BTC, ETH and other top tokens rallied following a Federal Reserve 25 bps cut. Forward’s buyout exceeds many existing Solana DATs combined; SOL traded near $247 after the announcement. Forward Industries Solana ATM: Forward files $4B ATM to buy SOL, tightening supply and possibly lifting SOL prices — read key details and market impact. What is the Forward Industries Solana ATM filing? Forward Industries Solana ATM is a filed automatic shelf and ATM prospectus allowing the company to raise up to $4 billion to fund a Solana (SOL) treasury strategy. The company previously purchased 6.82M SOL (~$1.6B at a $232 average) and says new proceeds will support ongoing SOL accumulation. How did the market react and why does it matter? Markets responded positively for Solana relative to peers: SOL jumped ~5% intraday to about $247 while BTC was reported near $117,300 and ETH near $4,580. The key market implication is supply pressure — a large institutional buyer targeting SOL can remove liquidity and contribute to upward price pressure if executed over time. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0…
Filed under: News - @ September 18, 2025 3:28 pm