šØ JUST IN: New Ethereum Treasury Company Fundamental Global Inc. files to raise $5,000,000,000 to buy Ethereum
Yes, you heard that right, $5 BILLION
Hereās whatās happening:
- Fundamental Global Inc. (Nasdaq: $FGF) filed a massive $5B shelf offering
- The majority of proceeds will be used to accumulate ETH
- They plan to stake, restake, liquid stake, and DeFi their way to ETH per share growth
- Their goal? Maximize ETH per share for investors
- ETH will serve as their long term treasury asset
- Their sole focus is maximizing ETH accumulation and value accretion
This is institutional ETH accumulation on a new level
Welcome to the era of ETH denominated treasuries
The asset is $ETH
