TLDR
- Empery sold 1,400 Bitcoin for $87.1 million to finance its AI expansion plan.
- The company will invest $65 million in a U.S. artificial intelligence data center.
- Empery repaid $10 million in debt, cutting leverage after the Bitcoin sale.
- The firm still holds 1,514 Bitcoin and approximately $73.9 million in cash.
- EMPD stock gained 1.58% to $3.86 after recovering from late-morning volatility.
Empery Digital (EMPD) sold 1,400 Bitcoin for $87.1 million while redirecting capital toward infrastructure, debt reduction, and legal costs. The company secured an average price of $62,200 for each Bitcoin sold between May 7 and July 10. Meanwhile, EMPD stock rose 1.58% to $3.86 after recovering from sharp late-morning volatility during Friday’s active afternoon trading session.
Bitcoin Sale Supports AI Data Center Plan
Empery plans to direct $65 million toward an artificial intelligence data center project located in the United States. The commitment will give the company a 25% ownership stake in a Hunt Properties-affiliated data center development venture. That venture plans to acquire and redevelop an industrial property with strong regional power access for future large-scale computing operations.
The partners intend to transform the site into a major data center campus serving rapidly growing artificial intelligence computing demand. Empery will fund the commitment after the venture completes the property purchase agreement and closes the planned acquisition. The Bitcoin sale provides immediate liquidity for the transaction, redevelopment work, construction planning, and other project-related expenses.
Empery also used part of the proceeds to repay $10 million in outstanding secured corporate debt on July 7. The repayment reduced company leverage, although Empery still reported about $45 million in consolidated debt after the completed payment. Management allocated cash for elevated stockholder litigation expenses, working capital needs, and general corporate operations.
Empery Retains Bitcoin Holdings After Major Sale
The transaction marks Empery’s largest Bitcoin reduction since launching its corporate digital asset treasury strategy during 2025. The company previously raised more than $500 million to establish the business after leaving electric powersports vehicle operations. At that time, the company operated as Volcon before changing its name, management direction, business model, and broader corporate focus.
Empery eventually accumulated more than 4,000 Bitcoin and joined the largest publicly listed corporate Bitcoin treasury holders worldwide. However, the latest sale signals a clear shift from rapid accumulation toward infrastructure investment and active balance sheet management. The company now uses digital asset reserves to support operations, legal costs, debt payments, and new growth projects.
As of July 10, Empery held 1,514 Bitcoin, worth nearly $100 million based on prevailing digital asset market prices. It also reported approximately $73.9 million in available cash after completing the recent transactions and scheduled debt repayment. Therefore, Empery retains substantial Bitcoin exposure while expanding into power-intensive data center infrastructure and reducing outstanding financial obligations.
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