FUNDAMENTAL GLOBAL INC. ACCELERATES TOTAL ETH HOLDINGS TO 48,545
Globenewswire·2025-08-25 11:30

Core Insights - Fundamental Global Inc has significantly increased its Ethereum (ETH) holdings to 48,545 ETH, valued at approximately $230 million based on the current market price [2][3] - The company aims to become the largest corporate holder of ETH globally, with a strategic plan to rapidly scale its holdings and target a 10% stake in the Ethereum network [3][5] - The average purchase price of the company's ETH is approximately $3,850, reflecting a recent acquisition of 1,111 ETH at an average price of $4,341 [1][3] Company Strategy - The company is focused on enhancing its ETH yield through staking and restaking, positioning itself as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [5] - CEO Maja Vujinovic emphasized Ethereum's status as the world's most productive reserve asset and the company's ambition to scale its holdings [4] Financial Position - As of August 25, 2025, the company's total ETH holdings represent a significant asset base, with the current market price of ETH at $4,737 [3] - The company's strategic investments in ETH are part of a broader initiative to leverage the growing cryptocurrency market and its associated financial opportunities [5]