- FG Nexus disclosed its 50,000 Ethereum milestone valued at $210 million, with an average purchase price of approximately $3,860.
- Following the announcement, FG Nexus shares rose 4.5% in pre-market trading, signaling investor confidence in the company’s Ethereum treasury strategy.
- Despite building a strong Ethereum position, FG Nexus trails Bitmine Immersion Technologies, which currently holds more than 2.4 million ETH.
FG Nexus has expanded its Ethereum position to 50,000 ETH, valued at $210.1 million, strengthening its corporate digital asset strategy.
Ethereum Treasury Strategy Gains Momentum
FG Nexus (Nasdaq: FGNX, FGNXP) disclosed its Ethereum acquisition, confirming the milestone on September 22, 2025. The company initiated its ETH treasury plan in August and has steadily accumulated holdings in recent weeks.
According to the firm, the aggregate value of its position stands at approximately $210 million, assuming Ethereum’s $4,200 price per Bloomberg as of 5:00 pm ET on Monday. Its average acquisition price across purchases is estimated at $3,860.
“This acquisition marks a pivotal step in our mission to become the premier institutional holder of Ethereum,” said Maja Vujinovic, CEO of Digital Assets at FG Nexus. She added that the company holds strong conviction in Ethereum’s potential to reshape the future of global finance.
Market Response and Competitive Landscape
On Tuesday, the firm publicly disclosed its Ethereum position. Following the announcement, shares of the FG Nexus company rose $0.58, or 4.5%, in pre-market trading, signaling investor confidence in the company’s digital asset strategy.
While the position strengthens FG Nexus’ standing, it remains behind Bitmine Immersion Technologies (BMNR). Bitmine currently holds over 2.4 million ETH, representing nearly 2% of Ethereum’s circulating supply. FG Nexus, however, has outlined a plan to pursue a more aggressive target of 10%.
At the time of disclosure, Ethereum traded at $4,159.50 with a 24-hour volume exceeding $30.8 billion. FG Nexus continues to frame its treasury growth as part of a broader institutional race for Ethereum leadership.
