FG Nexus Inc. has announced a significant share repurchase and an update on its Ethereum holdings. The company has repurchased 7 million shares at $3.17 each since October 23, 2025, with a net asset value per share of $3.53. FG Nexus holds 40,088 ETH and $25.2 million in cash and USDC, maintaining a strong liquidity position.
CEO Kyle Cerminara stated that the buyback program will continue, aiming to repurchase over 16% of the company's shares at a discount to their net asset value. The firm is focused on balancing liquidity and shareholder returns, with the price of Ethereum being a key consideration in their strategy.
FG Nexus Repurchases 7 Million Shares, Holds 40,088 ETH
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