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Nexus Exits Crypto, Takes $45M Loss as It Shifts Focus to Housing

Guavy AI Editorial Team
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FG Nexus has made a significant move in its business strategy by fully liquidating its Ethereum holdings, resulting in a $45.2 million loss for the company's digital asset operations in the first half of 2026.

The sale of Ethereum and other digital assets generated over $75 million in cash for FG Nexus, leaving it with no cryptocurrency on its balance sheet.

This decision marks a strategic shift away from crypto investments towards manufactured housing and land-lease real estate, which the company is now focusing on.

FG Nexus is also exploring a potential merger with FG Communities, indicating a new direction for its business focus.

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