The post FWDI Plans Long-Term Expansion Despite $1B Unrealized Loss appeared on BitcoinEthereumNews.com.

Nasdaq-listed Forward Industries is under pressure as falling crypto prices weigh heavily on digital asset treasury firms. However, company executives say its balance sheet strength creates rare strategic flexibility. Despite steep losses on paper, Forward maintains the largest publicly traded Solana treasury and holds no corporate debt, a position its leadership views as an advantage rather than a liability. Forward currently holds nearly seven million SOL tokens, accumulated at an average price near $232. With Solana trading around $85, the company faces an unrealized loss approaching $1 billion.  Consequently, FWDI shares have dropped sharply, sliding from nearly $40 last year to about $5 today. The drawdown reflects broader skepticism toward crypto-heavy balance sheets during prolonged market weakness. Balance Sheet Strength Shapes Strategy However, Forward’s chief investment officer Ryan Navi argues the firm’s lack of leverage sets it apart from peers. While several crypto treasury companies have sold assets to manage debt obligations, Forward avoided borrowing entirely. Hence, it now retains flexibility while competitors retrench. Navi says scale and discipline allow Forward to act when others cannot. Additionally, the firm can selectively deploy leverage later if market conditions improve. That optionality matters as valuations compress across the sector. Forward’s transformation began in 2025 following a $1.65 billion private investment in public equity. Backed by Galaxy Digital, Jump Crypto, and Multicoin Capital, the raise repositioned the firm around Solana accumulation. The company now holds more SOL than its next three public rivals combined. Solana as a Long-Term Bet Significantly, Forward’s strategy hinges on Solana’s technical profile rather than short-term price action. Navi believes fast settlement, low fees, and network scalability position Solana for consumer and capital markets growth. Moreover, previous spikes in network activity demonstrated its ability to handle massive user demand. Forward stakes its SOL holdings, earning yields between 6% and…

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Filed under: News - @ February 8, 2026 9:11 am