#ETH
According to Foresight News, the Nasdaq-listed company, Fundamental Global Inc. (FG Nexus) announced that as of August 10, 2025, they hold 47,331 ETH at an average price of $4,228.40. FG Nexus has initiated a strategy to accumulate Ethereum with the goal of acquiring a 10% stake in the Ethereum network. Since the mining of the Ethereum genesis block in 2015, the company has made several purchases, investing a total of $200 million in private placement funds to buy ETH. FG Nexus plans to enhance yields by staking ETH and aims to promote the global adoption of ETH as a fiscal reserve asset.