Fundamental Global Inc. (FGNX) Soars 10.78% on Ethereum Investment

Fundamental Global Inc. (FGNX) has seen a significant surge in its stock price, rising by 10.78% in pre-market trading on August 12, 2025. This impressive performance comes on the heels of several strategic moves by the company, which have garnered considerable attention from investors and analysts alike.

Fundamental Global Inc. has made a substantial investment in Ethereum, purchasing 47,331 ETH at a price of $4,228.40 per coin. This acquisition was funded through a $200 million private placement, demonstrating the company's commitment to leveraging Ethereum's potential. The company plans to utilize staking mechanisms to enhance the yield on its ETH holdings, positioning itself as one of the largest corporate holders of Ethereum.

The strategic acquisition of ETH is part of Fundamental Global Inc.'s broader plan to increase its stake in the Ethereum network, aiming for a 10% share. This move is expected to bolster the company's position in the cryptocurrency market and drive further growth. The company's collaboration with Anchorage Digital and Galaxy will also play a crucial role in promoting the adoption of ETH as a corporate reserve asset and advancing the development of tokenized physical assets and stablecoin yield businesses within the Ethereum ecosystem.