FG Nexus Announces Shareholder Approval of Historic 1 Trillion Share Authorization

Core Viewpoint - FG Nexus has received shareholder approval to increase its authorized shares to 1 trillion, which includes 900 billion common shares and 100 billion preferred shares, marking one of the largest share authorizations for a U.S. publicly traded company [1][2]. Group 1: Share Authorization and Strategy - The increase in authorized shares is expected to provide FG Nexus with maximum flexibility to execute its strategy of becoming the largest corporate holder of Ethereum (ETH) globally [2][3]. - The company aims to systematically acquire ETH to enhance ETH per share value for its shareholders, positioning itself as a dominant institutional holder of Ethereum [2][3]. Group 2: Shareholder Confidence and Long-term Goals - The historic authorization reflects shareholders' confidence in FG Nexus's Ethereum-focused strategy, which is seen as essential for maximizing long-term shareholder value [3]. - FG Nexus is committed to building long-term ETH per share growth and believes that Ethereum will be the backbone of the future financial system [3]. Group 3: Capital Structure and Market Adaptability - The new share authorization allows FG Nexus to adapt to future market opportunities and growth initiatives, supporting its focus on increasing Ethereum holdings [2][3]. - The company plans to enhance its ETH yield through staking and restaking, positioning itself as a strategic gateway into Ethereum-powered finance [3].