Empery Digital Cuts Unrestricted Bitcoin Holdings by 76% in Just Over Five Weeks

Empery Digital has significantly reduced its Bitcoin holdings, cutting its unrestricted BTC by 76% from June 30. The company sold 1,635 BTC for $102.2 million between July 1 and August 6, bringing its total holdings to 1,279 BTC.

Of the 1,635 BTC sold, 954 were pledged as collateral to a lender, leaving 325 unrestricted. This reduction in Bitcoin exposure is part of Empery's broader capital allocation plan, which includes repurchasing shares and investing in AI data centers.

The company has already repaid $20 million under its master loan arrangement after June 30, reducing outstanding borrowings from $55 million to $35 million. The lender returned 585 BTC, bringing pledged collateral down from 1,539 BTC to 954 BTC.