Ethereum Treasury FG Nexus Launches $200 Million Share Buyback Program

FG Nexus (NASDAQ: FGNX, FGNXP), the Ethereum treasury company, announced plans to initiate a $200 million share repurchase program, previously approved by its board of directors, and will sign an agreement with ThinkEquity to begin repurchases immediately. The company intends to repurchase shares below its current estimated net asset value (NAV) per share of approximately $5.10 as of October 20, 2025. ThinkEquity will repurchase up to 25% of daily trading volume while the stock price is below $5.00 per share.