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FG Nexus Dumps ETH as Stock Crashes 94% — Is a Digital Treasury Shake-Up Underway?

FG Nexus sold 10,922 ETH as part of a broader treasury shift while restructuring its business model toward digital-asset and tokenized product expansion.

FG Nexus stock dropped about 94 percent over four months as traders responded to restructuring moves, asset sales, and reduced legacy operations.

Sequans and FG Nexus reduced crypto holdings after earlier accumulation, showing how public treasury companies adjusted exposure during market volatility.

FG Nexus is drawing attention after its recent asset moves, market pressure, and shifting treasury strategy, coinciding with wider activity among publicly listed digital-asset holding companies.

FG Nexus Adjusts Treasury Position

FG Nexus reduced its Ethereum position by selling 10,922 ETH worth $32.7 million, according to a post shared by market commentator Crypto Patel. The company now holds about 40,005 ETH after the transaction

This activity arrives as other digital-asset treasury companies trim positions during a volatile period.The company’s latest update shows a restructuring phase centered on digital-asset expansion and tokenized financial products

FG Nexus completed a $200 million capital raise and formed a new partnership with Securitize to support its move toward RWA tokenization. The update also notes the distribution of legacy operations as the company shifts toward a fully digital model.

Balance-sheet figures show 50,778 ETH, $7.5 million in cash, $1.9 million in debt, and $231 million in shareholder equity, with a book value of $5.80 per share. The company maintains a $200 million buyback program and has repurchased shares at an average price of $3.45.

Market Pressure on FGNX Stock

FG Nexus shares have fallen about 94% in the past four months, according to the same tweet. The chart referenced shows a steady drop from the mid-$40s to around $2.49, with persistent selling pressure

Long red candles on the chart point to strong exits by traders during the decline.The extended drawdown follows uncertainty surrounding restructuring efforts and the sale of non-core assets

Investor sentiment appears to reflect caution as the company transitions into a new digital-first business model. The slight rise near the chart’s end suggests early attempts at stabilization, though no firm change in trend is visible.

Volume spikes during heavy down sessions indicate that large holders may have been reducing exposure.

Other Treasury Companies Shift Holdings

These transactions show how treasury-driven firms adjust digital-asset exposure when market conditions shift. This trend emerges during a period of reassessment among publicly traded companies with large crypto holdings.

Ethereum market watchers are also tracking price movement after a wave-2 correction signal emerged. Crypto Patel stated that ETH touched the 0.618 Fibonacci level, suggesting a possible cycle low

The projected wave-3 target mentioned in the post sits near $8,800, reflecting long-term expectations for upward movement.

The post FG Nexus Dumps ETH as Stock Crashes 94% — Is a Digital Treasury Shake-Up Underway? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

ETH4.27%
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