Ethereum treasury company FG Nexus sold 10,922 Ethereum last month for share buybacks.

Foresight News reported that Ethereum treasury company FG Nexus disclosed that on October 23, the company initiated a common stock buyback according to its previously announced repurchase plan. To support this buyback, the company borrowed approximately 10 million USD and sold 10,922 Ethereum (ETH), with the proceeds used to accelerate the share repurchase and enhance shareholder value. As of November 19, 2025, the company holds 40,005 ETH, as well as approximately 37 million USD in cash and USDC.