FG Nexus reports Q3 EPS (31c) vs. ($5.27) last year

Reports Q3 revenue $892,000 vs. $110,000 last year. As of November 19, the Company holds 40,005 ETH and cash and USDC holdings of approximately $37M. “Since commencing the buyback, we have repurchased 8% of our shares outstanding at a substantial discount to our net asset value while maintaining a strong ETH and cash balance,” said Kyle Cerminara, Chairman & CEO of FG Nexus (FGNX). “We plan to continue buying back shares while our stock trades below NAV, which creates increasingly asymptotic effect on our per-share valuation metrics as the number of shares outstanding declines and net asset value per share increases.”