FG Nexus Sells Ethereum to Fund Share Buyback, Explores Token Exchange Options

FG Nexus sold 10,922 ETH to fund a $200 million share repurchase program, buying back 3.4 million shares at $3.45 each, representing 8% of outstanding shares. This move addresses shares trading below net asset value, aiming to boost shareholder returns amid Ethereum market dynamics. FG Nexus executed a strategic ETH sale to accelerate share buybacks, […]

Source: https://en.coinotag.com/fg-nexus-sells-ethereum-to-fund-share-buyback-explores-token-exchange-options