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 [...]