FG Nexus, a Nasdaq-listed firm in the United States, has divested 7,550 Ethereum in a single transaction, receiving approximately $14.06 million. The company, which positions itself among the leading institutional Ethereum holders, has now demonstrated a significant contraction in its digital asset portfolio—one that had rapidly expanded over the past year. This sizable sale reflects a major retreat from earlier accumulation, signaling a shift in strategy for the crypto-focused company.
Strategic Pivot and Ethereum Sales
In August and September 2025, FG Nexus purchased 50,770 Ethereum in a bid to build a major position, investing roughly $196 million at an average price of $3,860 per Ether. However, in recent months, as the company began unloading assets, its Ethereum balance has dipped to 30,094 units, worth an estimated $57.5 million. FG Nexus sold a total of 21,025 Ethereum at an average price of $2,649, realizing a substantial net loss of $82.8 million on these transactions. The pace and scale of these sales highlight a pronounced departure from the company’s once bullish stance.
From Acquisition Ambitions to Strategic Sell-off
On October 22, 2025, FG Nexus announced plans to sell a property in Quebec for $10 million, with the intention to dedicate part of the expected $8 million in net proceeds to debt reduction, stock buyback, or even expanding its Ethereum portfolio. Yet in a notable course reversal, just weeks later, the firm set aside these expansion plans and instead ramped up asset liquidations.
FG Nexus had indicated in its initial plan that proceeds from the Quebec sale would be mostly used to pay down company debt and, if conditions allowed, to strengthen its Ethereum position.
The rapid turnaround in company strategy exposes the mounting pressure that market volatility exerts on even large and established investors. After these sales, FG Nexus’s overall crypto portfolio value now stands well below its previous peak, illustrating the tangible cost of its policy U-turn amid turbulent trading conditions.
Institutional Identity and Market Impact
As one of the few publicly traded U.S.-based companies to hold Ethereum at scale, FG Nexus has long modeled its portfolio management after examples like Bitcoin-focused treasury strategies. The company’s initial vision prioritized holding Ethereum for the long term and establishing a stronger foothold in the digital ecosystem, alongside plans to capitalize on staking rewards. This approach differentiated FG Nexus as a key institutional player in Ethereum markets.
Recently, however, the firm has swapped its aggressive accumulation playbook for more cautious sales—a move prompted by continued market volatility. Its latest sales suggest a deliberate shift toward protecting liquidity and minimizing further losses, as turbulent price swings alter the calculus for institutional crypto allocations.
Although FG Nexus has stopped short of issuing a detailed public statement on its recent sell-off, market observers interpret this pattern as a move away from high-risk expansion and toward more balanced, risk-managed asset management.
Meanwhile, following a reported $93 million loss related to Stream Finance, FG Nexus responded to claims totaling over $95,000. This development underscores the growing significance of on-chain transparency and accountability in the decentralized finance (DeFi) sector, as institutions adapt to changing realities in the blockchain landscape.
