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

Techub News: FG Nexus, an Ethereum treasury company, released its third-quarter operational report. The report stated that on October 23, the company initiated a common stock repurchase in accordance with the previously announced share buyback plan. To support this repurchase, the company borrowed approximately $10 million and sold 10,922 Ethereum, using the proceeds to accelerate the share buyback and enhance shareholder value. As of November 19, FG Nexus held a total of 40,005 Ethereum, along with approximately $37 million in cash and USDC.