Nasdaq-Listed FG Nexus Abandons Ethereum Treasury Strategy Amid Volatility

FG Nexus, a Nasdaq-listed company, has abandoned its Ethereum treasury strategy after less than a year. The company sold all of its digital assets by June 30, 2026.

The move follows a $45.2 million loss from the company's digital asset operations in the first half of 2026. This includes a $41.2 million loss on ETH holdings.

FG Nexus plans to shift its capital into manufactured housing real estate. The company cited volatility as the reason for this strategic pivot, opting instead for steady cash-flow investments.