As the largest institutional holder of Solana, Forward Industries owns 69 million SOL tokens, with an average acquisition cost of $230 per token. They are currently facing an unrealized loss of nearly $1 billion. Although SOL has declined 30% this year and the portfolio has shrunk by 62%, the company's Chief Investment Officer Ryan Navi reaffirmed their long-term vision of becoming "the Berkshire Hathaway of the Solana ecosystem." These losses reflect the common predicament faced by large digital asset management firms during periods of synchronized market downturns, even as Solana is launching new initiatives like "Solana Payments" to promote its applications.