DAT Firms Sell Crypto to Save Their Stocks: Is This Sustainable?

FG Nexus sold $32.7 million in Ethereum to fund share buybacks after its stock fell 94% in four months, highlighting the deepening net asset value (NAV) crisis among digital asset treasury companies. The sale follows ETHZilla’s $40 million ETH offload in October, underlining mounting pressures throughout a sector managing over $42.7 billion in cryptocurrency assets…
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