US Stock Movement: Forward Industries surges on October 2 driven by SOL accumulation, SOL per-share growth, and treasury strategy
Bitget异动解读2026/10/02 13:40Forward Industries October 2 Significant Rise Analysis
Keywords: SOL accumulation, SOL per-share growth, treasury strategy
1. On October 1, the company disclosed that as of the fourth fiscal quarter ending September 30, it had accumulated an additional 948,601 SOL, increasing its holdings to 8,501,298 SOL, a month-on-month increase of 13%, accounting for approximately 1.4% of Solana's circulating supply, with an average purchase cost of $83 per SOL.
2. On October 1, the company disclosed that on a fully diluted basis, its per-share SOL holdings rose from 0.0730 to 0.0806, representing a quarterly increase of 10.4% and an annualized increase of approximately 42%. The company's main business is the purchase, holding, staking, trading, and investment in SOL and related digital assets, protocols, and businesses.
(Disclaimer: This content is generated by AI technology summarizing publicly available information for reference only and does not constitute investment advice.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Saudi Arabia and UAE plan to cooperate with Asia to strengthen oil reserves
According to Nikkei News, Saudi Arabia and the United Arab Emirates will help Asia build up its oil reserves. Despite being dependent on imports, the region has not maintained adequate supplies. Led by Japan, the Asian Zero Emission Community, comprising 11 countries, will hold a ministerial meeting in the Philippines this Thursday. Senior government officials from Saudi Arabia and the UAE will participate in special consultations and are expected to express their intention to cooperate on oil reserves. On October 11, the International Energy Forum will be held in Saudi Arabia. This forum serves as a ministerial-level dialogue between oil-producing and importing countries. Japan is expected to participate and share a cooperation framework with Asia. The outcomes of the Asian Zero Emission Community meeting will be compiled into a joint statement, which will serve as the basis for discussions between member states and Middle Eastern oil-producing countries on strengthening oil reserves. Bilateral talks will follow to finalize the details and scale of such efforts. It is expected that Saudi Arabia and the UAE will expand exports to target countries and prioritize supply in emergencies.
Saudi Arabia and the UAE plan to expand their crude oil reserves in Asia
Market dynamics indicate that Saudi Arabia and the United Arab Emirates plan to expand their crude oil reserves in Asia. This move reflects the continued optimism of these two major oil-producing countries regarding the potential demand in the Asian energy market, and it will further strengthen the stability of oil supply in the region, thereby contributing to the improvement of the regional energy security system.
Four attacks occurred in the Strait of Hormuz from October 1 to 4
The UK Maritime Trade Operations office announced on Sunday that four attacks occurred in the Strait of Hormuz between October 1 and 4. All incidents took place on the Omani side of the strait, with each vessel hit by unidentified projectiles. The Strait of Hormuz, as one of the world's most vital oil transit routes, handles nearly one-third of the world's seaborne crude oil trade. Attacks in this area often have a direct impact on the stability of international energy markets. So far, no party has claimed responsibility for these attacks, and the subsequent developments remain to be observed.
Wright says energy supply through the Strait of Hormuz continues to increase
U.S. Secretary of Energy, Wright: Energy supplies shipped through the Strait of Hormuz continue to increase.
Crypto prices
More
