Empery Digital sold 1,400 bitcoin for $87.1 million and plans to use the proceeds toward an AI data center investment. The company still holds 1,514 BTC but says it has no plans to keep accumulating bitcoin.
Empery Digital sold 1,400 bitcoin for $87.1 million and plans to use the proceeds toward an AI data center investment. The company still holds 1,514 BTC but says it has no plans to keep accumulating bitcoin.
Empery Digital sold 1,400 bitcoin at $62,200 each, generating $87.1 million in proceeds, according to a Friday announcement cited by CoinDesk. The sale amounts to roughly half of the company’s bitcoin holdings and marks a notable shift for a business that had been positioned as a bitcoin treasury company.
Empery Digital sold 1,400 bitcoin at $62,200 each, generating $87.1 million in proceeds, according to a Friday announcement cited by CoinDesk. The sale amounts to roughly half of the company’s bitcoin holdings and marks a notable shift for a business that had been positioned as a bitcoin treasury company.
The move matters because it shows how some digital asset treasury companies are changing strategy after the 2025 wave of SPAC-linked bitcoin accumulation. CoinDesk reported that many companies in that group have seen their share prices fall sharply from 2025 highs, and some have begun selling crypto assets they previously acquired.
Empery said the funds will support its plan to take a 25% ownership stake in a group acquiring a Midwest facility that is expected to be converted into an AI data center. Earlier in July, the company said it needed $65 million to close that investment.
After the sale, Empery continues to hold 1,514 bitcoin. The company said it does not plan to accumulate more BTC and may sell additional bitcoin to fund other opportunities.
Co-CEO Ryan Lane said the company plans to keep allocating capital toward similar hyperscaler-anchored opportunities. For crypto markets, the sale adds to evidence that at least some bitcoin treasury firms are moving from accumulation toward liquidity and redeployment of capital.
Keep exploring
Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.
Read
CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.
Read
Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.
Read