FG Nexus Inc. (Nasdaq: FGNX, FGNXP) provided an update on its common stock buyback program and ETH holdings.
The company repurchased approximately 7.0 million shares of its common stock at an average price of $3.17 per share from October 23, 2025, to December 17, 2025.
As of December 17, 2025, the company held 40,088 ETH and cash and USDC holdings of approximately $25.2 million.
Share Buyback Program Update
Company repurchased over 16% of outstanding shares at a discount to net asset value.
ETH Holdings
Company held 40,088 ETH as of December 17, 2025.
Debt and Net Asset Value
Total debt outstanding: $11.9 million. Net asset value per share: $3.53.
- FG Nexus plans to continue buying back shares below NAV while maintaining a strong ETH and cash balance.
- The company focuses on building a digital asset treasury and a leading platform for the tokenization of real-world assets, aiming to enhance yield on its treasury.
FG Nexus remains committed to its buyback program and strategic positioning in the digital asset space, leveraging its ETH holdings and focus on tokenization.