FG Nexus discloses holding 37,594 ETH and has repurchased over $32 million worth of common stock

FG Nexus, a Nasdaq-listed company focused on building and managing an Ethereum treasury, announced on January 21 that as of January 20 it held a total of 37,594 ETH. The company also disclosed that it had approximately $1.9 million in outstanding debt, along with about 33.6 million common shares currently outstanding.

In addition, FG Nexus reported significant progress in its share repurchase program. The company stated that it has repurchased roughly 9.9 million common shares at an average price of $3.24 per share. It also bought back approximately 53,000 preferred shares at an average price of $24.16 per share. According to the announcement, the total value of these repurchase transactions exceeded $32 million, reflecting the company’s ongoing efforts to strengthen its capital structure and enhance shareholder value.