FG Nexus Inc. (NASDAQ: FGNX, FGNXP) provided an update on its common stock buyback program and digital asset holdings, reporting that it repurchased approximately 7.0 million shares at an average price of about $3.17 per share between Oct. 23 and Dec. 17, 2025. This represents more than 16% of outstanding shares, according to management. As of Dec. 17, 2025, the company held 40,088 ETH and approximately $25.2 million in cash and USDC, with total debt of $11.9 million, 36.5 million common shares outstanding, and an estimated net asset value of approximately $3.53 per share.
Chairman and CEO Kyle Cerminara stated that the company intends to continue repurchasing shares below NAV while maintaining strong ETH and cash balances. This strategy underscores FG Nexus's commitment to enhancing shareholder value through disciplined capital allocation and a focus on its digital asset treasury.
The company is building a digital asset treasury and a leading platform for the tokenization of real-world assets. It plans to stake its ETH and implement additional yield strategies to enhance treasury returns, positioning itself as a strategic gateway into digital-asset-powered finance, including tokenized RWAs and stablecoin-based yield solutions.
For more details, the full press release is available at https://ibn.fm/07tdR. Information about FG Nexus can be found at https://fgnexus.io/.
