Data: Solana's treasury company is facing an unrealized loss of over $1.5 billion and has essentially halted purchases.

DeepFlowTech · 2026-02-10T11:51:02+00:00

As of February 10th, publicly traded companies holding Solana face over $1.5 billion in unrealized losses, primarily concentrated in four companies, with a total paper loss exceeding $1.4 billion. The largest holder, Forward Industries, faces losses of over $1 billion, and the decline in stock price has limited their fundraising ability.

DeepFlowTech

2026-02-10 11:51:02

Abstract generation in progress

Deep Tide TechFlow News, February 10 — According to CoinGecko data, publicly traded companies holding Solana as treasury assets are currently facing unrealized losses exceeding $1.5 billion. These losses are mainly concentrated among a few U.S.-listed companies, which collectively hold over 12 million SOL tokens, approximately 2% of the total supply.

Forward Industries, Sharps Technology, DeFi Development Corp, and Upexi have book losses exceeding $1.4 billion. As the largest holders, Forward Industries accumulated over 6.9 million SOL at an average price of about $230. At the current price of approximately $84, unrealized losses exceed $1 billion.

Data shows that these companies primarily accumulated SOL between July and October 2025, after which they paused purchases. Although no company has been forced to sell its SOL holdings, declining stock prices have limited their ability to raise new funds. The top five Solana treasury companies have seen stock price declines ranging from 59% to 80% over the past six months.

SOL-4,9%

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