Ethereum Treasury Company FG Nexus to Sell Real Estate to Buy Back Company Stock and Increase ETH Holdings

BlockBeats News, October 22nd, Ethereum Treasury Company FG Nexus announced that it has signed a non-binding Letter of Intent to sell its Quebec-based property for $10 million. The transaction is expected to generate approximately $8 million in pre-tax net proceeds, which will be used to repurchase FGNX shares and to focus on continued ETH purchases.