Forward Industries (FORD) Shocks Wall Street with 2025 Crypto Pivot – 500% Stock Surge & $4B Solana Bet Revealed
Forward Industries’ shares surged over 500% in 2025 after the company shifted from manufacturing to become a major Solana holder, acquiring 6.8 million SOL tokens for $1.58 billion. The firm raised $1.65 billion from crypto investors and filed for a $4 billion at-the-market stock offering. Forward also announced plans to tokenize its shares on Solana. Legacy revenues remain low, with a $2.17 per-share loss last quarter.