According to @lookonchain on X, Forward Industries holds 6,822,000 SOL valued around $1.34B with an average purchase price of $232 per SOL (source: @lookonchain on X). Based on these figures, the position reflects unrealized losses exceeding $245M and a total cost basis of roughly $1.583B for the SOL stack (source: @lookonchain on X). Using the reported size and valuation, the implied mark at the time is about $196 per SOL, making $232 the breakeven level derived from the disclosed average entry (source: @lookonchain on X).