ETHZvsFGNX
Forum Markets, Inc. vs FG Nexus Inc.
Side-by-side Ethereum treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
ETHZ
Forum Markets, Inc.
🇺🇸 US
12,441 ETH
$24.5M market value
FGNX
FG Nexus Inc.
🇺🇸 US
10,944 ETH
$21.5M market value
Metric
ETHZ
FGNX
ETH holdings
12,441 ETH
10,944 ETH
Market value of ETH
$24.5M
$21.5M
Average cost per ETH
$3,309.00
—
Total cost basis
$41.2M
—
mNAV (market cap ÷ ETH value)
3.74×
1.90×
Last disclosed purchase
Mar 31, 2026
May 21, 2026
Country
🇺🇸 US
🇺🇸 US
- Mar 31, 2026+12,441 ETH$25.2M
- May 21, 2026+0 ETH—
- May 15, 2026+0 ETH—
- May 7, 2026+0 ETH$43.5M
- Nov 14, 2025+0 ETH$210.4M
- Aug 8, 2025+10,000 ETH$20.0M
ETHZ vs FGNX: frequently asked
Which company holds more Ethereum, ETHZ or FGNX?▾
Forum Markets, Inc. (ETHZ) holds 12,441 ETH, compared to FG Nexus Inc.'s (FGNX) 10,944 ETH — roughly 1.1× more.
What's the total Ethereum value on the balance sheets of ETHZ and FGNX?▾
ETHZ holds $24.5M worth of Ethereum at current market prices. FGNX holds $21.5M.
Who has a lower cost basis per ETH, ETHZ or FGNX?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did ETHZ last buy Ethereum?▾
ETHZ disclosed a 12,441 ETH purchase on March 31, 2026.
When did FGNX last buy Ethereum?▾
FGNX's most recent ETH disclosure on May 21, 2026 was a balance-sheet update, not a buy or sale.