Ethereum treasury company FG Nexus plans to sell real estate to raise $8 million to support stock buybacks and ETH purchases

ChainCatcher news, Ethereum treasury company FG Nexus announced that it has signed a non-binding letter of intent to sell its property located in Quebec for a price of $10 million, with the transaction expected to generate approximately $8 million in pre-tax net proceeds. This funding will be used to repurchase FGNX shares and focus on ongoing purchases of ETH.