2d ago
Forward Industries Reports $585.6M Q1 Loss After $560.2M Solana Write-Down
Forward Industries said its fiscal Q1 ended Dec. 31, 2025 closed with a net loss of $585.6 million after accounting marks reduced the value of its Solana holdings. The company reported $560.2 million in digital-asset losses plus a $33 million impairment charge, while it held about 6.96 million SOL worth roughly $1.59 billion and staked most of it for 6.5%–7.2% annualized yields. Revenue rose to $21.4 million from $4.6 million as staking income increased, and the firm also introduced its liquid staking token fwdSOL.
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2d ago
2d ago
Jane Street trims BlackRock Bitcoin ETF stake 71% and adds $82M to Ether ETFs in Q1 2026
In Q1 2026, Jane Street reduced multiple bitcoin-linked positions while expanding exposure to ether ETFs and several crypto-related equities. Its BlackRock spot Bitcoin ETF holding fell about 71% to roughly 5.9 million shares, while combined additions to two ether ETFs totaled around $82 million. The firm also increased positions including Riot Platforms and Galaxy Digital as it diversified its reported holdings.
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2d ago