Ethereum treasury company FG Nexus plans to sell real estate to raise $8 million to support stock buybacks and ETH purchases
According to ChainCatcher, citing GlobeNewswire, Ethereum treasury company FG Nexus has announced that it has signed a non-binding letter of intent to sell its property in Quebec for $10 million. The transaction is expected to generate approximately $8 million in pre-tax net proceeds, which will be used to repurchase FGNX shares and focus on the continued purchase of ETH.
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