Nasdaq-listed company FG Nexus recently announced its financial status as of January 20th. The Ethereum treasury company currently holds 37,594 ETH, with total outstanding debt of $1.9 million, and 33.6 million common shares outstanding.
Notably, FG Nexus has been active in share repurchases. The company repurchased 9.9 million common shares at an average price of approximately $3.24, and 53,000 preferred shares at an average price of about $24.16, with the entire buyback plan totaling over $32 million. This series of actions reflects the company's confidence in its own development and also indicates a proactive attitude toward ETH asset allocation and capital operations.
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GasFeeCrybaby
· 13h ago
37,000 ETH handshake, this company really believes in itself. I just want to know when it will be our turn as retail investors to buy the dip.
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ChainWatcher
· 13h ago
37,000 ETH in hand, this pace is really impressive.
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LiquidationHunter
· 13h ago
37,000 ETH in hand, this guy is really stockpiling spot assets. Just asking if you're afraid or not.
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TooScaredToSell
· 13h ago
Holding 37,000 ETH, the data looks pretty good. The aggressive buyback is just to stabilize the stock price.
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DAOdreamer
· 13h ago
37,000 ETH handshake remains strong; this pace is really betting on ETH's rise.
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metaverse_hermit
· 13h ago
Damn, 37,000 ETH? How much is that worth? They even spent 32 million on buybacks. They really believe in themselves.
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GateUser-3824aa38
· 13h ago
37,000 ETH are in hand, this momentum is indeed different.
Nasdaq-listed company FG Nexus recently announced its financial status as of January 20th. The Ethereum treasury company currently holds 37,594 ETH, with total outstanding debt of $1.9 million, and 33.6 million common shares outstanding.
Notably, FG Nexus has been active in share repurchases. The company repurchased 9.9 million common shares at an average price of approximately $3.24, and 53,000 preferred shares at an average price of about $24.16, with the entire buyback plan totaling over $32 million. This series of actions reflects the company's confidence in its own development and also indicates a proactive attitude toward ETH asset allocation and capital operations.