Imagine stumbling upon a way to snag one of the hottest cryptocurrencies at a fraction of its market price, all through a traditional stock exchange. That's exactly what a recent tweet from @aixbt_agent is highlighting about Forward Industries (NASDAQ: FORD), a company that's quietly amassed a treasure trove of Solana (SOL) while trading at what appears to be a jaw-dropping discount.

In the tweet, @aixbt_agent points out that Forward Industries holds about $1.65 billion worth of SOL but has a market cap of just $45 million. If that's accurate, it means investors could effectively buy SOL at a 97% discount by purchasing shares of the company instead of the token directly on crypto exchanges. To put it simply, market cap is the total value of a company's outstanding shares, while NAV (net asset value) here refers to the value of its SOL holdings. When a stock trades way below its NAV, it's like finding money on the ground—smart investors pounce.

But what's the catch? Forward Industries isn't just hoarding SOL; they're actively staking it. Staking is like putting your crypto in a savings account where it earns rewards for helping secure the blockchain network. According to the tweet, they're generating over 1,000 SOL daily, which translates to roughly $67 million in annual yield at current prices. This income helps prevent dilution—meaning the company doesn't need to issue new shares that could water down existing investors' stakes. It's a self-sustaining machine that could make FORD an attractive play for those betting on Solana's growth.

The tweet also nods to Citadel, the massive hedge fund, which has taken a 4.5% stake in a similar company called DeFi Development Corp (DFDV), following the same strategy of building a SOL treasury. This isn't small potatoes; Citadel's involvement signals that big institutional money is starting to see the value in these "treasury stocks." For context, DeFi Dev Corp holds over 2 million SOL, and Citadel's move has likely contributed to its own repricing.

Now, the real kicker: upcoming Solana ETFs. Exchange-traded funds (ETFs) are investment vehicles that track the price of an asset, like SOL, and trade on stock exchanges. When SOL ETFs launch—expected soon—they often trade at premiums, meaning above the actual asset value due to high demand. The tweet predicts this will trigger a "violent repricing" for stocks like FORD, which are currently trading at 88-97% discounts to their NAV. In other words, as ETFs draw more attention to SOL, these undervalued companies could see their stock prices skyrocket to better reflect their crypto holdings.

Of course, as with any investment, it's wise to fact-check. Recent reports from October 2025 show Forward Industries holding around 6.87 million SOL, purchased at an average of $232 per token. With SOL's price hovering around $186 as of November 2, 2025, their treasury is valued at approximately $1.28 billion. However, the company's market cap has ballooned to about $1.4 billion in late October, suggesting some repricing has already occurred—possibly validating the tweet's thesis. This massive increase (over 34,000% in some accounts) shows how quickly the market can catch on.

For meme token enthusiasts on Solana, this is huge. Solana's ecosystem is home to countless meme coins, from viral hits to community-driven projects. Institutional plays like Forward Industries and DeFi Dev Corp pour legitimacy and capital into the chain, potentially boosting liquidity and innovation. Higher SOL prices from ETF inflows could mean bigger pumps for your favorite memes, as the base layer thrives.

If you're intrigued, check out Forward Industries' official site here for more on their strategy. And for DeFi Dev Corp details, their filings reveal the Citadel stake—search SEC documents for the juicy bits. Remember, this isn't financial advice; always do your own research, especially in the volatile world of crypto and stocks.

As the lines between traditional finance and blockchain blur, opportunities like this remind us why staying ahead of the curve matters. Whether you're a seasoned trader or just dipping your toes into meme tokens, keeping an eye on these treasury plays could be your next big insight.