FG Nexus has launched a $200 million stock buyback plan through ThinkEquity, aiming to repurchase at a price below its current net asset value of approximately $5.10 per share. CEO Kyle Cerminara stated that this buyback allows the company to 'purchase ETH at a discount' when the stock price is below $5.00, emphasizing that this strategy can enhance shareholder value and reflects confidence in the company's ETH fund management strategy. The plan includes specific trading parameters and suspends the company's ATM function during trading below net asset value to avoid equity dilution.