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Forward Industries Faces Approx. ¥180 Billion in Unrealized Losses on Solana, Transfers About 460,000 SOL Confirmed by Lookonchain

2026/06/05 16:27 (Updated 2026/06/05 18:00)
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Written by Enzo
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Forward Industries Faces Approx. ¥180 Billion in Unrealized Losses on Solana, Transfers About 460,000 SOL Confirmed by Lookonchain

Unrealized Losses on SOL Expand to Approx. ¥180 Billion

Unrealized Losses on SOL Expand to Approx. ¥180 Billion

On December 5th, on-chain analysis firm Lookonchain reported that Forward Industries, a U.S.-listed company, has incurred unrealized losses of approximately $1.13 billion (¥180 billion) on its Solana holdings.

Since initiating its Solana treasury strategy in September 2025, the company has invested approximately $1.59 billion...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.