9:05 AM ▪
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In the context of increased volatility, the crypto market sees the emergence of an unexpected strategy that fascinates as much as it divides. This applies to Forward Industries, which just funded a share buyback using its Solana reserves as collateral.

In short
- Forward is using the Solana cryptocurrency as collateral to fund a massive share buyback.
- The company aims to increase its cryptocurrency exposure per share despite market pressure.
Solana cryptocurrency funded share buyback
Forward Industries is launched repurchase of 6.16 million shares for $27.4 million. The operation is based on a 40 million loan provided by Galaxy.
According to a press release published by Globe Newswire on March 19, this funding applies directly to the Solana (SOL) crypto held by the company. This makes it possible mobilize liquidity without selling your crypto assets. But that’s not all! Thanks to this structure, Forward also maintains its crypto positions while benefiting from betting income.
Crypto: SOL per share ratio becomes strategic
Cryptocurrency experts agree on one point: Forward’s goal goes beyond a simple share buyback. With its approach, the company also tries to increase its cryptocurrency exposure per share.
- Pre-Operation: 0.0624 SOL per share
- After operation: 0.0662 SOL per share
This ratio thus becomes a key indicator in the crypto universe. It reflects the actual value held in digital assets per share. Forward is now valid more than 7 million SOL. Enough to strengthen its position in the crypto ecosystem.
Crypto strategy under market pressure
Shares of Forward are down about 25% since the start of the year. At the same time, the price of Solan’s SOL token fell by about 30%. Really came out to $240 in September 2025 to almost $89.
This decline weakens treasury strategies based on cryptocurrencies. This means that share buybacks act as a strong market signal.
Analysis: Forward attempts to restore trust monetize your digital assets.
Moreover, the company’s strategy is not limited to cryptocurrencies and equity. Forward also plans to reduce its SG&A costs. They will go from $6.5 million to about $3.6 million. This almost 45% reduction thus accompanies a shift towards a more efficient model.
Anyway, Forward turns Solana crypto into a real financing tool. This type of strategy could redefine the role of digital assets in public companies, especially if market pressure continues.
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My name is Ariela and I am 31 years old. I have been working in the field of web development for 7 years. I only discovered trading and cryptocurrencies a few years ago, but it’s a universe I’m very interested in. The topics on the platform allow me to learn more. As a singer in my spare time, I also have a great passion for music and reading (and animals!)
DISCLAIMER OF LIABILITY
The views, thoughts and opinions expressed in this article are solely those of the author and should not be taken as investment advice. Before making any investment decision, do your own research.