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FG NEXUS INCREASES TOTAL ETH HOLDINGS TO 50,770
Globenewswireยท2025-09-29 12:30

Core Insights - FG Nexus has increased its ETH holdings to 50,770 ETH, valued at approximately $207 million based on a price of $4,142 per ETH as of September 28, 2025 [2][3] - The average purchase price of ETH for the company is around $3,860, indicating a strategic investment approach [3] - The company aims to become the largest corporate holder of ETH globally, focusing on enhancing ETH yield through staking and restaking [4] Company Strategy - FG Nexus is committed to executing its strategy to dominate as a corporate stakeholder in ETH while supporting the Ethereum ecosystem [3][4] - The company plans to serve as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [4] Financial Position - The total value of the company's ETH holdings is approximately $207 million, reflecting a significant investment in the cryptocurrency market [3] - The recent purchase of 747 ETH at an average price of $4,016 demonstrates ongoing investment activity [1][3]