BREAKING
113d 1h ago

Ethereum Treasury FG Nexus Plans $2 Billion Buyback Below NAV; Timing Depends on Market Conditions

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

New content:

COINOTAG News, citing GlobeNewswire on October 20, reports that FG Nexus, the Ethereum Treasury entity, intends to launch a $2 billion stock buyback program priced below the NAV per share, as part of a capital-return strategy focused on liquidity management and shareholder value creation.

The timetable and buyback size will hinge on prevailing market conditions, FG Nexus’s quarterly results, and alternative investment opportunities, underscoring a disciplined approach to capital deployment within the crypto-finance ecosystem.

Investors will await further disclosures on execution windows and governance considerations within FG Nexus’s treasury strategy, with implications for Ethereum liquidity and broader crypto-market sentiment.

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