FG NEXUS ACCELERATES TOTAL ETH HOLDINGS TO 49,715

Rhea-AI Summary

FG Nexus (NASDAQ:FGNX) has expanded its Ethereum holdings to 49,715 ETH, valued at approximately $229 million at $4,598 per ETH. The company recently acquired an additional 1,087 ETH and has benefited from initial staking rewards.

The company's strategic objective is to become the largest ETH holder in the Ethereum network. CEO of Digital Assets, Maja Vujinovic, emphasized Ethereum's position as the leading programmable asset for institutional reserves, aligning with the company's goal to establish dominance as a corporate stakeholder.

Positive

• None.

Negative

• Significant exposure to ETH price volatility
• Large concentration of assets in a single cryptocurrency

Recent Purchases include 1,087 ETH at an Average Price of $4,598 

Charlotte, NC, Sept. 19, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its current ETH position increased to 49,715 ETH as of September 18, 2025, following a series of additional purchases and reflecting the positive impact of the Company’s initial staking rewards.

The Company’s total ETH holdings are 49,715 representing approximately $229 million in aggregate value (assuming $4,598 price of ETH per Bloomberg as of 4:15pm ET).

The Company’s strategic plan is to be the largest ETH holder in the Ethereum network.

“Ethereum stands as the premier programmable asset for institutional reserves, and we're executing on our strategy to be the dominant corporate stakeholder,” said Maja Vujinovic, CEO of Digital Assets, FG Nexus.

About FG Nexus

FG Nexus Inc. (Nasdaq: FGNX, FGNXP), (the “Company”), is on the Ethereum Standard, and singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. In order to enhance our ETH YIELD, the Company will stake and restake, serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.

The FGNX^® logo is a registered trademark.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-looking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this press release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation, fluctuations in the market price of ETH and any associated impairment charges that the Company may incur as a result of a decrease in the market price of ETH below the value at which the Company’s ETH are carried on its balance sheet, changes in the accounting treatment relating to the Company’s ETH holdings, the Company’s ability to achieve profitable operations, government regulation of cryptocurrencies and online betting, changes in securities laws or regulations such as accounting rules as discussed below, customer acceptance of new products and services including the Company’s ETH treasury strategy, general conditions in the global economy; risks associated with operating in the merchant banking and managed services industries, including inadequately priced insured risks and credit risk; risks of not being able to execute on our asset management strategy and potential loss of value of our holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of not being able to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; and potential conflicts of interest between us and our directors and executive officers.

Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. Under U.S. generally accepted accounting principles, entities are required to measure certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair value of crypto assets could result in significant fluctuations to the income statement results. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments.

Investor Contact
invest@fgnexus.io

Media Contact
media@fgnexus.io

FAQ

How many Ethereum (ETH) does FG Nexus (FGNX) currently hold?

FG Nexus currently holds 49,715 ETH, valued at approximately $229 million based on an ETH price of $4,598.

What is FG Nexus's (FGNX) strategy regarding Ethereum?

FG Nexus's strategy is to become the largest ETH holder in the Ethereum network, viewing Ethereum as the premier programmable asset for institutional reserves.

How much ETH did FG Nexus (FGNX) recently purchase?

FG Nexus recently purchased 1,087 ETH at an average price of $4,598 per ETH.

What is the current value of FG Nexus's (FGNX) Ethereum holdings?

FG Nexus's Ethereum holdings are valued at approximately $229 million, based on an ETH price of $4,598 as of September 18, 2025.

Does FG Nexus (FGNX) generate additional returns from its ETH holdings?

Yes, FG Nexus has begun receiving initial staking rewards from its ETH holdings, providing additional returns beyond potential price appreciation.