Ethereum Treasury Company FG Nexus to Sell Real Estate to Buy Back Company Stock and Increase ETH Holdings

By: theblockbeats.news|2025/10/22 12:17:51

BlockBeats News, October 22nd, Ethereum Treasury Company FG Nexus announced that it has signed a non-binding Letter of Intent to sell its Quebec-based property 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 to focus on continued ETH purchases.

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