FG Nexus Provides Update on Common and Preferred Share Buyback Programs and ETH Holdings

Core Viewpoint - FG Nexus Inc. is actively engaging in share buyback programs and managing its ETH holdings to enhance shareholder value and strengthen its digital asset treasury strategy [1][4]. Share Buyback Program - As of January 20, 2026, the company has repurchased approximately 9.9 million shares of common stock at an average price of $3.24 per share and about 53 thousand shares of preferred stock at an average price of $24.16 per share [2]. - The company has repurchased over 23% of its outstanding common shares at a substantial discount to net asset value, demonstrating a strategic approach to capital management [4]. ETH Holdings and Financial Position - The company holds 37,594 ETH as of January 20, 2026, with total debt outstanding at $1.9 million [3]. - The outstanding shares of common stock are 33.6 million, and preferred stock is 0.8 million, with a net asset value per share of approximately $3.58 [3]. Strategic Focus - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets, aiming to enhance yield through staking ETH and implementing additional yield strategies [5].