Nasdaq-Listed FG Nexus Posts Over $85M Loss on Ethereum Treasury Strategy

Nasdaq-listed FG Nexus has incurred losses exceeding $85 million from its Ethereum treasury strategy after a sharp decline in the value of its holdings.

The company acquired 50,770 ETH for approximately $196 million during August and September 2025, paying an average of about $3,860 per token. However, after starting to trim its position in November, FG Nexus sold 36,025 ETH at an average price of roughly $2,330 per coin, generating around $83.9 million in proceeds.

Source: Lookonchain