FWDI stated that it will take the initiative when competitors are on the defensive and is optimistic about Solana in the long term.

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On February 8th, Ryan Navi, Chief Information Officer of Forward Industries (FWDI), the largest Solana treasury company, stated that market mispricing is creating opportunities. Forward has no debt and will adopt an aggressive strategy and consolidate other Solana treasury companies should the industry face financial difficulties. Forward Industries currently holds nearly 7 million Solanas, more than its three closest competitors combined.

Ryan Navi reiterated, "An unleveraged balance sheet is a true advantage in the crypto treasury market. While others are on the defensive, Forward Industries will take the initiative. Going forward, we will remain unleveraged and debt-free, viewing Solana as a long-term investment in strategic infrastructure, not short-term speculation."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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