* FG Nexus (NASDAQ:FGNX [https://seekingalpha.com/symbol/FGNX]) announced [https://seekingalpha.com/pr/20240791-fg-nexus-reaches-50000-eth-holding-milestone] that its ETH position reached the 50,000 milestone on Monday, September 22, sending shares up over 3% in early trading.
* The company implemented its ETH Treasury strategy in August and has continued to add to its position over the past month as part of the company's strategic plan to become the largest ETH holder in the Ethereum network.
* The company’s 50,000 ETH position represents approximately $210 million in aggregate value, and the average ETH purchase price is approximately $3,860.
MORE ON FUNDAMENTAL GLOBAL
* Fundamental Global gains as co eyes 10% ethereum stake, now holds 47,331 ETH [https://seekingalpha.com/news/4483330-fundamental-global-gains-as-co-eyes-10-ethereum-stake-now-holds-47331-eth]
* Fundamental Global launches $200M offering to fund Ethereum treasury strategy [https://seekingalpha.com/news/4474053-fundamental-global-launches-200m-offering-to-fund-ethereum-treasury-strategy]
* Financial information for Fundamental Global [https://seekingalpha.com/symbol/FGNX/income-statement]
FG Nexus hits 50,000 ETH holding milestone, stock gains
Published 1 month ago
Sep 23, 2025 at 12:23 PM
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