FG Nexus sold 10,922 ETH to fund a $200 million share repurchase program, buying back 3.4 million shares at $3.45 each, representing 8% of outstanding shares. This move addresses shares trading below net asset value, aiming to boost shareholder returns amid Ethereum market dynamics. FG Nexus executed a strategic ETH sale to accelerate share buybacks, […]
Source: https://en.coinotag.com/fg-nexus-sells-ethereum-to-fund-share-buyback-explores-token-exchange-options
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