Empery Slashes Bitcoin Holdings to Fund AI Data Center Ambitions

Nasdaq-listed Empery Digital has significantly reduced its Bitcoin holdings by selling 1,635 BTC over approximately five weeks between July 1 and August 6, raising $102.2 million (approximately ¥16 billion). This sale has resulted in a 76% reduction of freely available Bitcoin from 1,375 BTC at end-June to just 325 BTC.

The company's total Bitcoin holdings now stand at 1,279 BTC, with 954 BTC pledged as loan collateral. This leaves less than 30% as an effectively liquid resource. Empery has been channeling proceeds from Bitcoin sales into aggressive share repurchases and debt reduction, spending a total of $149.7 million (approximately ¥24 billion) to acquire 26.24 million of its own shares.

The company is accelerating its strategic pivot away from a Bitcoin treasury model, with plans to repurpose a Midwest property into an AI data center through joint venture EMHU, formed with TexStack Infrastructure. Empery anticipates completing the acquisition during the third quarter but cautioned that 'there can be no assurance' it will materialize.