Web3MediaBreaks – FG Nexus Inc. (NASDAQ: FGNX, FGNXP) Initiates $200 Million Share Repurchase Program Below Net Asset Value
FG Nexus (NASDAQ: FGNX, FGNXP) announced plans to launch its $200 million share repurchase program and has engaged ThinkEquity to begin immediate buybacks below the Company’s estimated net asset value of $5.10 per share as of Oct. 20, 2025. CEO Kyle Cerminara said the move reflects confidence in FG Nexus’ ETH treasury strategy and commitment to enhancing shareholder value. The program will follow Rule 10b-18 guidelines, allowing purchases up to 25% of daily trading volume while the stock trades under $5, and may be adjusted or suspended based on market conditions. To view the full press release, visit https://ibn.fm/olHxf About…