【Blockchain Rhythm】Nasdaq-listed Ethereum treasury company FG Nexus recently disclosed its holdings as of January 20. Data shows that the company holds a total of 37,594 ETH, with an outstanding debt of $1.9 million, and 33.6 million common shares in circulation.
More notably, FG Nexus’s active buyback strategy. The company repurchased approximately 9.9 million common shares at an average price of $3.24 per share, and about 53,000 preferred shares at an average price of $24.16 per share. The total investment in this buyback round exceeded $32 million, reflecting institutional confidence in the current market.
In terms of holdings, FG Nexus’s ETH reserves remain at an important level in the industry, while the active stock repurchases indicate confidence in long-term development. Such institutional actions often become focal points for market participants.
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MetaverseMigrant
· 3h ago
37,600 ETH, this move is no joke, it's just betting on ETH's long-term bullish outlook.
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PancakeFlippa
· 4h ago
37,600 ETH, this is the confidence of the institutions. It seems they are all in.
Nasdaq-listed company FG Nexus discloses holdings: 37,600 ETH added for buyback, with a total investment of over $32 million
【Blockchain Rhythm】Nasdaq-listed Ethereum treasury company FG Nexus recently disclosed its holdings as of January 20. Data shows that the company holds a total of 37,594 ETH, with an outstanding debt of $1.9 million, and 33.6 million common shares in circulation.
More notably, FG Nexus’s active buyback strategy. The company repurchased approximately 9.9 million common shares at an average price of $3.24 per share, and about 53,000 preferred shares at an average price of $24.16 per share. The total investment in this buyback round exceeded $32 million, reflecting institutional confidence in the current market.
In terms of holdings, FG Nexus’s ETH reserves remain at an important level in the industry, while the active stock repurchases indicate confidence in long-term development. Such institutional actions often become focal points for market participants.