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FG Nexus exits crypto, sells all Ethereum, takes $45M loss, shifts focus to housing investments.

Market News
14 Aug 2026
Blockonomi
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Neutral
FG Nexus exits crypto, sells all Ethereum, takes $45M loss, shifts focus to housing investments.

FG Nexus has fully liquidated its Ethereum holdings, realizing a $45.2 million loss from its digital asset operations in the first half of 2026. The company generated over $75 million in cash from the sale of Ethereum and other digital assets, ending the quarter with no cryptocurrency on its balance sheet. This move marks a strategic shift away from crypto toward investments in manufactured housing and land-lease real estate. FG Nexus is also exploring a potential merger with FG Communities, signaling a new direction for its business focus.

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