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TRX $0.3397 +1.49%
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ADA $0.2213 -0.11%
BCH $257.01 -2.02%
LINK $12.57 -3.63%
HYPE $83.59 -3.69%
AAVE $129.11 -2.97%
SUI $0.8169 -1.22%
XLM $0.1901 -1.09%
ZEC $1,173.64 -0.10%

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

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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