PANews September 15 news, according to Business Wire, Forward Industries announced the purchase of 6,822,000 Solana (SOL) at an average price of $232 per unit, totaling approximately $1.58 billion. This transaction marks the first deployment of the company's $1.65 billion PIPE financing, led by Galaxy Digital, Jump Crypto, and Multicoin Capital. The SOL purchased by Forward Industries has been staked, and some transactions were completed through the Solana on-chain platform DFlow. The company plans to enhance the per-share value of SOL through active management and on-chain operations.