FG NEXUS REACHES 50,000 ETH HOLDING MILESTONE

Rhea-AI Summary

FG Nexus (Nasdaq: FGNX) has achieved a significant milestone by accumulating 50,000 ETH in its treasury, valued at approximately $210 million at current market prices of $4,200 per ETH. The company initiated its ETH Treasury strategy in August 2025, with an average purchase price of $3,860 per ETH.

This strategic accumulation aligns with FG Nexus's ambitious goal to become the largest institutional ETH holder in the Ethereum network, demonstrating the company's strong belief in Ethereum's role in shaping the future of global finance.

Positive

• Accumulated significant position of 50,000 ETH valued at $210 million
• Currently showing unrealized gains with average purchase price of $3,860 vs. current price of $4,200 per ETH
• Strategic positioning as a major institutional holder in the Ethereum ecosystem

Negative

• Significant exposure to crypto market volatility
• Large concentration of company assets in a single cryptocurrency

Charlotte, NC, Sept. 23, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its ETH position reached the 50,000 milestone on Monday, September 22, 2025. The Company implemented its ETH Treasury strategy in August and has continued to add to its position over the past month as part of Company’s strategic plan to become the largest ETH holder in the Ethereum network.

The Company’s 50,000 ETH position represents approximately $210 million in aggregate value (assuming $4,200 price of ETH per Bloomberg as of 5:00pm ET on Monday, September 22, 2025). The Company’s average ETH purchase price is approximately $3,860.

"This acquisition marks a pivotal step in our mission to become the premier institutional holder of Ethereum, reflecting our strong conviction that ETH will reshape the future of global finance," 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 ETH does FG Nexus (FGNX) currently hold?

FG Nexus currently holds 50,000 ETH in its treasury, valued at approximately $210 million as of September 22, 2025.

What is FG Nexus's (FGNX) average purchase price for Ethereum?

FG Nexus's average purchase price for ETH is $3,860, compared to the current market price of $4,200 as of September 22, 2025.

When did FG Nexus (FGNX) start its ETH Treasury strategy?

FG Nexus implemented its ETH Treasury strategy in August 2025 and has continued to build its position over the past month.

What is FG Nexus's (FGNX) strategic goal regarding Ethereum holdings?

FG Nexus aims to become the largest ETH holder in the Ethereum network, reflecting their conviction in ETH's role in the future of global finance.

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

FG Nexus's 50,000 ETH holdings are valued at approximately $210 million, based on the ETH price of $4,200 as of September 22, 2025.