Fundamental Global’s $5B ETH Bet — Treasury Transformation Begins!
📢 Nasdaq-listed Fundamental Global files with the SEC for a $5 billion Ethereum-focused treasury plan. Here's the breakdown:
$200M already raised to kickstart their ETH reserve
📄 New S-3 filing outlines a $5B shelf offering using an ATM deal with ThinkEquity
📊 Shares to be sold in phases depending on market conditions
Rebrand alert: FGF → FG Nexus Inc. (Ticker: FGNX)
🎯 Goal Allocate 10% of total assets to Ethereum
🚀 Joining other firms betting big on ETH: SharpLink, BitMine, Bit Digital
#EthereumTreasury #ETH #CryptoMarkets #BinanceSquare #BlockchainNews
