Убытки компаний-держателей Solana превышают $1,5 млрд, но активы остаются нетронутыми Translation: Headline: Solana Holders Losses Exceed $1.5 Billion, Yet Assets Remain Intact

Publicly traded companies holding reserves in Solana have encountered unrealized losses exceeding $1.5 billion, as evidenced by data from CoinGecko.

These losses are concentrated among a small group of American firms, whose combined portfolio totals more than 12 million SOL—approximately 2% of the coin’s overall supply.

Among the affected companies are Forward Industries, Sharps Technology, DeFi Development Corp., and Upexi. The actual loss amount could be higher, as Solana Company has not disclosed the complete acquisition cost of their assets.

The largest holder, Forward Industries, has amassed 6.9 million SOL at an average price of $230, resulting in a «paper» loss exceeding $1 billion.

Sharps Technology invested $389 million in a single transaction at the market peak. Currently, this investment is valued at $167 million, reflecting a decline of 56.9%.

The stock market has already reassessed the value of these companies. Over the past six months, the shares of Forward Industries, DeFi Development Corp., Sharps Technology, and Solana Company have plunged by 59-73%. Upexi suffered the most, with its stock price crashing by over 81%.

The majority of purchases occurred between July and October 2025. Since then, no company in the top five has reported any significant acquisitions.

Despite the liquidity pressure and stock price drops, these firms have refrained from selling their assets. On-chain data indicates no movement of funds within their wallets.

It is worth noting that in November 2025, Forward Industries’ unrealized profit reached $382 million.

In the same month, DeFi Development Corp. endorsed proposal SIMD-0411 aimed at accelerating Solana’s de-inflation.