Empery Digital trims Bitcoin holdings by $87M to fund debt and operations
Covered by 4 sources · 4 articles
4 outlets - including Cryptonomist, Bankless and Yahoo and 1 more - are covering this story. Empery Digital’s bitcoin sale of roughly half its entire BTC holdings has put a sharp spotlight on a corner of the market that many investors would prefer to forget. The company sold 1,400 bitcoin at $62,200 each, generating about $87.1 mil…
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Empery Digital Bitcoin Sale: $87M Pivot From Crypto Treasury to AI
Empery Digital’s bitcoin sale of roughly half its entire BTC holdings has put a sharp spotlight on a corner of the market that many investors would prefer to forget. The company sold 1,400 bitcoin at $62,200 each, generating about $87.1 mil…
Empery Digital Sells Half Its Bitcoin Treasury for $87M
Empery Digital sold 1,400 BTC for debt, an AI data center deal, and legal costs, echoing Strategy's shift toward treating BTC as liquidity.
Empery Digital Sells Half Its Bitcoin Treasury for $87M
Empery Digital trims Bitcoin holdings by $87M to fund debt and operations
Empery Digital sold 1,400 BTC for $87.1 million to repay debt, fund a property acquisition, cover legal expenses and support operations.