BTC treasury firm Empery Digital invests $20M in AI data center developer Cardinal Data Power
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cointelegraph - are covering this story. TL;DR: Empery Digital invested $20 million in Cardinal Data Power’s $70 million Series A round, acquiring an 8% stake in the firm. The company reduced its Bitcoin reserves to 1,514 BTC after selling approximately 1,400 BTC for $87.1 million…
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Bitcoin Treasury Firm Empery Digital Makes $20M AI Data Center Bet
TL;DR: Empery Digital invested $20 million in Cardinal Data Power’s $70 million Series A round, acquiring an 8% stake in the firm. The company reduced its Bitcoin reserves to 1,514 BTC after selling approximately 1,400 BTC for $87.1 million…
BTC treasury firm Empery Digital invests $20M in AI data center developer Cardinal Data Power
The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy.