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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Fundamental Global Inc acquisition of ETH aims to become the largest ETH reserve holding company in the world.
On August 11, Fundamental Global Inc (NASDAQ: FGNX, FGNXP) today announced the official launch of its acquisition of Ethereum (ETH), aiming to become one of the largest ETH reserve holding companies in the world.
As of August 10, 2025, 6:30 PM Eastern Time, the company currently holds 47,331 ETH, with each ETH priced at $4,228.40 (according to data from the data platform).
FG Nexus has used the entire net proceeds of the $200 million private placement financing announced by the company to acquire ETH. FG Nexus aims to accelerate the accumulation of ETH holdings and improve the ETH yield (per share of ETH). According to the company's ETH reserve holding strategy, the ETH yield has become a key value creation indicator for FG Nexus shareholders. To enhance the ETH yield, the company will engage in staking and re-staking as a strategic entry point into Ethereum-driven finance (including tokenized real-world assets and stablecoin yields).