FG Nexus (FGNX) acquires 47,331 ETH, deploying $200M private placement proceeds into treasury holdings

FG Nexus Inc.

As of Aug 10, 2025, holds 47,331 ETH at $4,228.40/ETH (Bloomberg).
Deployed all net proceeds from $200M private placement to fund ETH purchases.
Targets becoming one of the largest corporate ETH holders; aims for 10% stake in Ethereum network.
Will stake and restake ETH to generate ETH yield (ETH per share) for shareholders.
Partners include Anchorage Digital for custody and Galaxy as asset manager.

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