Forward Industries’ shares rise sharply after the company announces it has expanded its Solana treasury by adding more than 500,000 SOL. According to Decrypt and The Block, the purchase increases the firm’s SOL holdings to about 7.55 million SOL. The updates describe Forward Industries as a leading Solana treasury holder, noting that it has more SOL than several other publicly listed Solana treasury companies combined. Yahoo Finance also reports the move and highlights that the company’s Solana treasury addition is valued at about $38 million, based on the reported SOL amount. The share price increase cited by outlets is around 17%, reflecting investor reaction to the treasury expansion news. The articles present the announcement as a change in Forward Industries’ holdings rather than a statement about broader protocol developments or other corporate actions. Overall, the reporting converges on the same core facts: Forward Industries increases its SOL treasury by over 500,000 SOL, reaching roughly 7.55 million SOL, and its shares jump following the announcement.