FG Nexus sells another $14M in Ether as losses mount on treasury bet

CoinTelegraph

by Christina Comben

February 25, 2026

AI-Generated Deep Dive Summary

FG Nexus has sold another $14 million worth of Ether from its corporate treasury, marking a significant blow to its financial position. This sale brings the company's total losses on its Ether holdings to over $80 million, reflecting the growing pressure on balance sheets tied to Ethereum's market performance. The latest move highlights the challenges faced by crypto companies holding large amounts of digital assets as the broader market continues to face volatility and decline. The company liquidated 7,550 ETH in this most recent transaction, a portion of its larger Ether holdings. This sale is part of a series of disposals that have crystallized losses exceeding $80 million on a position established near Ethereum's all-time highs in 2025. According to onchain data from Arkham, FG Nexus accumulated approximately 50,770 ETH between August and September 2025 at an average price of $3,860 per coin, totaling about $196 million. However, as the value of Ether has fallen significantly since then, these holdings have become a liability rather than an asset. The situation underscores the risks associated with holding large amounts of cryptocurrency on balance sheets, particularly in a bearish market environment. For crypto investors and enthusiasts, this serves as a cautionary tale about the importance of diversification and risk management. As FG Nexus continues to liquidate its Ether holdings, it raises questions about the stability of other crypto companies with similar exposures. The broader implication is that the ongoing challenges faced by Ethereum-focused balance sheets could signal further adjustments across the cryptocurrency sector.

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Originally published on CoinTelegraph on 2/25/2026