Today’s MicroStrategy Bitcoin Purchase Was Disappointing: But One Company Made a Mega Purchase in Ethereum — Here Are the Details

Fundamental Global Inc. (FG Nexus), listed on Nasdaq, announced that it has purchased 47,331 Ethereum (ETH) using all the proceeds from its $200 million private equity raise. By staking and restating these assets, the company aims to participate in Ethereum-based tokenized real-world assets (RWA) and stablecoin yield strategies. Anchorage Digital will provide custody of the assets, while Galaxy will handle asset management. FG Nexus began its purchases by symbolically purchasing 6,400 ETH generated in Ethereum's genesis block on July 30, 2015. With subsequent purchases, the company's total holdings reached 47,331 ETH as of August 10, 2025. According to Bloomberg data, the price at which these purchases were made was $4,228.40. Related News: Bitcoin Maximalist Michael Saylor's Company, Strategy, Bought Bitcoin Again! Here's the Latest Purchase Amount! As part of its ETH treasury strategy, the company has adopted “ETH Return” (ETH per share) as its primary value creation metric. It aims to increase returns through ETH staking and restaking, maintain a strategic position within the Ethereum ecosystem, and ultimately own 10% of the total ETH supply over the long term. “Ethereum is rapidly becoming the foundation of global digital finance. We aim to drive global adoption of ETH as a treasury reserve asset,” said Maja Vujinovic, CEO of FG Nexus Digital Assets. Kyle Cerminara, CEO and Chairman of the Board, said, “We will differentiate ourselves by focusing not only on accumulating ETH but also on increasing ETH returns. Our team's experience in digital assets and financial services will strengthen this strategy.” *This is not investment advice. Continue Reading: Today’s MicroStrategy Bitcoin Purchase Was Disappointing: But One Company Made a Mega Purchase in Ethereum — Here Are the Details