The largest SOL treasury company, Forward, saw its stock price drop by over 10%, bringing its market capitalization down to $2.236 billion.

BlockBeats News, September 30th: The stock price of the largest SOL treasury company in the U.S. stock market, Forward Industries, dropped over 10%, with a market value falling to $22.36 billion.

Forward Industries has accumulated a total of 6.822 million SOL at an average price of $232, with a total cost of approximately $1.58 billion. Since reaching its peak on September 12th, the company's stock price has dropped by 44%.

Earlier, BlockBeats reported that on September 17th, the largest Solana treasury company, Forward Industries (FORD), announced today that it had submitted a $4 billion ATM plan to the U.S. SEC to provide funding support for its Solana financial strategy. The plan will be used for general corporate purposes, including continuing to execute the Solana strategy, purchasing income-generating assets, and other capital expenditures.