Ethereum illustration with water and paper boatFG Nexus has lost more than $85 million on its ethereum treasury strategy after buying ETH near last year’s highs and selling much of the position at lower prices. The losses highlight the pressure facing public companies that turned to ether as a reserve asset. FG Nexus’ $196M Ethereum Bet Backfires as Losses Surpass $85M […]

Source and More information: FG Nexus Dumps 36,025 ETH as Ethereum Treasury Losses Top $85M

Author: Bitcoin.com