Wu said that Fundamental Global Inc, a Nasdaq listed company, has submitted a registration statement on Form S-3 to the US Securities and Exchange Commission, intending to issue securities with a maximum total amount of $5 billion in batches. The company plans to use the vast majority of the net proceeds from the issuance of ordinary shares to acquire Ethereum (ETH), while the remaining funds will be used for working capital needs, general corporate purposes, and operating expenses.