FG Nexus Faces $85M Loss in Ethereum Treasury Strategy
- FG Nexus purchased Ethereum in August and September of 2025, acquiring a total of 50,770 ETH for approximately $196 million.
- The company sold off a significant portion, totaling 36,025 ETH, for about $83.92 million at an average price of $2,330 per ETH.
- This resulted in realized losses exceeding $85 million due to the decline in Ethereum’s market value.
- Staking emerged as a crucial revenue source for FG Nexus, contributing $1.5 million to the company’s total revenue of $2.4 million for fiscal year 2025.
FG Nexus’ aggressive investment into Ethereum has led to substantial financial losses as the market shifted unfavorably after their purchase. The company’s reliance on staking highlights its importance as a consistent revenue stream amidst volatile market conditions.