cryptobriefing.com
FG Nexus, a corporate treasury firm focused on Ethereum accumulation, staking, and yield generation, offloaded 7,550 $ETH worth about $14 million on Wednesday, continuing a pattern of asset sales that marks a sharp reversal from its earlier accumulation strategy, according to data tracked by Lookonchain.
Ethereum treasury firm FG Nexus(@FGNexusio) sold another 7,550 $ETH($14.06M) today.
In August and September 2025, they bought 50,770 $ETH($196M) at $3,860 avg.
On October 22, 2025, they announced plans to sell their property to buy more $ETH.
But less than a month later, they… pic.twitter.com/m5cFreTBQk
— Lookonchain (@lookonchain) February 25, 2026
The company, which rebranded from Fundamental Global, raised $200 million in mid-2025 through a private placement to launch an Ether-based treasury strategy. The move was backed by major digital asset investors, including Galaxy Digital, Kraken, Hivemind Capital, and Digital Currency Group.
Nasdaq-listed FG Nexus previously signaled plans to divest its real estate holdings to acquire even more $ETH. However, in late 2025, the firm reversed course and began offloading tokens as prices declined.
The company disclosed holding over 40,000 $ETH and approximately $25 million in cash and USDC as of December 17.
Including today’s transaction, FG Nexus has now sold over 21,000 $ETH at an average price near $2,649, around 31% below its original cost basis.
FG Nexus currently retains around 30,000 $ETH valued at approximately $53 million, leaving it with a total loss of over $80 million.
The trajectory of FG Nexus highlights the volatility risks facing corporations that concentrate balance-sheet reserves on a single digital asset, particularly as $ETH prices have fallen from mid-2025 highs to below $2,000.
The second-largest crypto asset was trading at $1,919 at press time, up 5.5% in the past 24 hours, per CoinGecko.