PHXvsFWDI
Phoenix Group PLC vs Forward Industries
Side-by-side Solana treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
PHX
Phoenix Group PLC
🇦🇪 AE
508,074 SOL
$42.6M market value
FWDI
Forward Industries
🇺🇸 US
7,013,536 SOL
$588.2M market value
Metric
PHX
FWDI
SOL holdings
508,074 SOL
7,013,536 SOL
Market value of SOL
$42.6M
$588.2M
Average cost per SOL
—
$228.14
Total cost basis
—
$1.6B
mNAV (market cap ÷ SOL value)
3.87×
0.01×
Last disclosed purchase
—
3/17/2026
Country
🇦🇪 AE
🇺🇸 US
No tracked purchases yet
- 3/17/2026+51,035 SOL$4.8M
- 12/31/2025+51,933 SOL$6.5M
- 11/16/2025+38,969 SOL$5.3M
- 10/15/2025+49,599 SOL$3.5M
- 9/15/2025+6,822,000 SOL$1.6B
PHX vs FWDI: frequently asked
Which company holds more Solana, PHX or FWDI?▾
Forward Industries (FWDI) holds 7,013,536 SOL, compared to Phoenix Group PLC's (PHX) 508,074 SOL — roughly 13.8× more.
What's the total Solana value on the balance sheets of PHX and FWDI?▾
PHX holds $42.6M worth of Solana at current market prices. FWDI holds $588.2M.
Who has a lower cost basis per SOL, PHX or FWDI?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did PHX last buy Solana?▾
PHX's last SOL purchase isn't in our tracked history yet.
When did FWDI last buy Solana?▾
FWDI disclosed a 51,035 SOL purchase on March 17, 2026.