FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards

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FG Nexus sold all of its Ethereum holdings during the first half of 2026, posting a $45.2 million loss on its discontinued digital-asset operations. The Nasdaq-listed firm, formerly known as Fundamental Global, generated only $144,000 in staking revenue, representing roughly 0.3% of its total loss. The company received $60.956 million in ETH sale proceeds and held no cryptocurrency as of June 30. FG Nexus is now pivoting away from digital assets toward manufactured housing and mobile home parks, evaluating a potential combination with FG Communities to enter the affordable housing market.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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