FG Nexus Liquidates Ethereum Holdings After $45 Million Loss
FG Nexus has fully liquidated its Ethereum holdings, incurring a $45 million loss. The company plans to redirect its capital towards real estate after earning only $144,000 in staking rewards and reporting a separate $41.167 million loss related to ETH, with no cryptocurrency remaining at the quarter's end.
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FG Nexus exits ETH treasury after $45.2M loss
FG Nexus sold all digital assets by June 30 after its ETH strategy lost $45.2M, and now plans to redirect capital toward real estate.
FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards
Its Aug. 12 filing confirms complete liquidation, a separate $41.167 million ETH-loss line and no crypto at quarter-end. The post FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards appeared first on CryptoSlate .