👉FGNX is TODAY’S #1 ALERT 👈

Hey Folks, Jeff Bishop here,

It’s a very exciting week to be in the markets, with a Fed decision due tomorrow, five of the Mag 7 companies reporting earnings between tomorrow and Thursday, and trade talks between President Trump and President Xi set for Thursday.

Investors are optimistic. The S&P 500, Nasdaq, and Dow all closed at record highs yesterday.

I kicked off the week with two “tactical trade” ideas, one of which gained modestly on the day and the other hitting double-digits intraday for the eleventh time I’ve alerted it this year.

My big idea for today is a company that used to focus on things like merchant banking and financial services.

But on July 30, the company announced a $200 million private placement to support a new Ethereum treasury strategy.

The company now says it is “singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude.” [emphasis added]

💥I’ll have more on that below, but for now, go ahead and pull up FG Nexus Inc. (FGNX) on your trading platform.

You’ll see right away that the stock had a huge run-up on the news. In six trading days, it surged as high as 92%.

You often see that excitement with these crypto treasury pivots. That’s often followed by sobriety as investors come to terms with the realities of the inevitable financing.

That’s exactly what happened here. 

The stock dropped considerably from early August, but two weeks ago, it seems to have found its bottom. It’s now up 17% since October 17.

That’s the day ETH bounced from support as well, climbing 11% into this morning.

I’m expecting crypto to continue rallying this week on the trade optimism, and with FGNX now sitting on more than 50,800 ETH, I’m watching to see if it will follow the strong trend we’ve seen in crypto the last couple of days.

👉  FGNX is TODAY’S #1 ALERT 👈

Here is some more background on the company:

It’s going “all-in” on an ETH treasury strategy 🪙

FGNX has been aggressively accumulating Ethereum (ETH) as a corporate treasury asset. 

On September 29, the company announced it had reached 50,770 ETH in holdings, valued at about $207 million (based on ETH at approximately $4,142) with an average cost basis of ~$3,860/ETH.

Its strategy isn’t just “buy and hold” — it intends to stake and restake, turning its ETH into yield-generating assets while maintaining exposure. 

The company is betting that ETH’s utility (e.g. staking, tokenized real-world assets, DeFi) gives it more upside than static store-of-value crypto plays.

It rebranded, reengineered, and authorized massive share flexibility 💥

FG Nexus used to be called Fundamental Global Inc. but it rebranded to support its new crypto focus. On August 11, the company changed its ticker to FGNX.

On August 8, FGNX filed a $5 billion shelf registration — presumably to supply dry powder for further ETH acquisitions.

And on September 16, it got shareholder approval for a gargantuan 1 trillion share authorization (900B common + 100B preferred) — giving it flexibility for capital raises etc. That was declared effective by the State of Nevada on October 7.

On October 20, the company initiated a $200 million share repurchase program to show confidence in the equity (or to manage share count) even as it ramps up crypto holdings.

It said it “is entering into an agreement with ThinkEquity to immediately begin buyback purchases.”

CEO Kyle Cerminara explained: “If the market is going to give us the opportunity to buy our own shares at a discount to our ETH value per share, we are going to take that opportunity and buy ETH at a discount.”

Last Wednesday, FGNX revealed it had signed a non-binding letter of intent to sell its Quebec property in a transaction that “is expected to generate approximately $8 million in net pretax proceeds.”

And the next day, it announced an agreement to sell its FG Reinsurance Division to Devondale Holdings in exchange for “approximately $3.0 million cash, a $1.25 million note and 40% equity ownership of Devondale.”

It’s positioning itself as an institutional “Ethereum gateway / infrastructure” play 🔗

FG Nexus doesn’t just want to hold ETH — it wants to be part of Ethereum’s institutional plumbing.

It describes itself as “the Ethereum Treasury Company” (notice the definite article) focusing on ETH accumulation, yield generation, and real-world asset tokenization.

It aims to act as a settlement/digital finance layer for stablecoins, tokenized assets, etc.

Its ETH strategy gives it potential access to yield, staking, restaking, integration with DeFi, bridging the “classic finance / crypto finance” gap.

FG Nexus is therefore trying not just to ride ETH, but build infrastructure around its utility, yield, and tokenized future.

Bottom line: why FG Nexus stands out (and what to watch)

• Bold specialization: Most holding companies diversify. FG Nexus doubled down on Ethereum and staking as its core strategy.
  
  
• Structural flexibility and risk: That trillion-share authorization, share buybacks, and shelf registration are powerful levers that can swing big (positive or negative).
  
  
• Hybrid asset model: It combines crypto upside and yield generation via staking, unlike pure crypto bets that rely only on price appreciation.
  
  

For more on the company and its crypto strategy, see this investor presentation from August, as well as the company website. 

As always, be sure to approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. 

Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.

💥Stay tuned to FGNX today and to see if we get a surge from here.

To Your Success,

Jeff Bishop

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Just so you know, what you’re reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let’s be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren’t what you’d call “typical.”

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Now, diving right into FG Nexus, Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there’s exceptional risk involved in trading. This isn’t small potatoes we’re talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We’re shining a light on the good stuff about the company here, but it’s on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.

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