According to CryptoSlate, Nasdaq-listed company FG Nexus sold off all its digital assets by June 30, leaving no cryptocurrency holdings and ending its Ethereum treasury strategy, which lasted less than a year. The company’s peak holdings exceeded 50,000 ETH. In the first half of the year, ETH sales generated $60.956 million in cash, with an additional $14.983 million in receivables recovered in July. The overall loss from the terminated digital asset business amounted to $45.207 million, including a $41.167 million loss from ETH holdings, while staking revenue was only $144,000. The company plans to reallocate funds to real estate projects like land-lease prefabricated housing. Related potential transactions are still in the preliminary review stage, with no final agreements reached yet. https://(wublock123.com)/news/fg-nexus-sells-entire-eth-treasury-shifts-to-real-estate-66503