CoinOtag
2025-11-20 21:56:47

FG Nexus Offloads Ethereum for Share Buybacks Amid 7% Stock Decline

FG Nexus, a publicly traded Ethereum treasury firm, sold 10,922 ETH worth about $31.3 million to fund share repurchases, causing its stock to drop over 7%. This move aligns with its strategy to buy back shares trading below net asset value while maintaining a strong ETH balance. FG Nexus offloaded ETH to accelerate a $200 [...]

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