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BCH $210.49 +0.36%
LINK $8.34 -1.07%
HYPE $57.49 -1.46%
AAVE $90.74 -4.46%
SUI $0.7054 -3.14%
XLM $0.1774 -2.25%
ZEC $477.18 -4.30%

Ethereum treasury company FG Nexus plans to sell real estate to raise $8 million to support stock buybacks and ETH purchases

2025-10-22 19:48:42
Collection

ChainCatcher news, according to GlobeNewswire, Ethereum treasury company FG Nexus announced that it has signed a non-binding letter of intent to sell its property in Quebec for $10 million. The transaction is expected to generate approximately $8 million in pre-tax net proceeds, which will be used to repurchase FGNX shares and focus on ongoing purchases of ETH.

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