Top Solana treasury holders as of Nov 15, 2026: Forward Industries, Inc. with 8,856,975 SOL; DeFi Development Corp. with 2,388,923 SOL; Upexi, Inc. with 2,348,519 SOL.

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Institution	Holdings	Today's Holdings Value	Stock Price	% of SOL Circulating Supply	Realized mNAV	Realistic mNAV	Max mNAV	Avg Purchase Price	Last Updated
Forward Industries, Inc.	8.86m SOL	$624.15m	$4.94	1.5%	0.56	0.64	0.71		Nov 10, 2026
DeFi Development Corp.	2.39m SOL	$168.35m	$3.04	0.4%	0.62	0.62	0.62		Sep 11, 2026
Upexi, Inc.	2.35m SOL	$165.5m	$0.64	0.4%	0.3	0.45	0.45		Nov 10, 2026
Solana Company	2.3m SOL	$162.08m	$1.89	0.39%	0.62	0.83	1.61		Sep 30, 2026
SkyAI, Inc.	2m SOL	$140.94m	$2.32	0.34%	0.72	1.03	1.03		Sep 2, 2025
Galaxy Digital Inc.	467,649 SOL	$32.96m	$14.38	0.079%	3.54	3.68	4.22		May 8, 2026
DeFi Technologies Inc.	217,585.58 SOL	$15.33m	$0.32	0.037%	1.28	1.34	1.56		Jun 26, 2026
Flora Growth Corp.	95,333.33 SOL	$6.72m	$5.98	0.016%	0.21	0.21	1.01	$240	Sep 19, 2025
Coinbase Global, Inc.	88,028 SOL	$6.2m	$130.67	0.015%	20.85	20.85	20.85		Jun 30, 2026
Classover Holdings, Inc.	63,258.07 SOL	$4.46m	$1.17	0.011%	0.19	0.19	0.31		Nov 13, 2025
SOLAI Limited	34,712 SOL	$2.45m	$3.72	0.0059%	240.11	240.11	240.11	$201.75	Apr 20, 2026
Exodus Movement, Inc.	17,749 SOL	$1.25m	$4.39	0.003%	2.96	2.96	2.96		Jun 30, 2026