Empery Unloads 1,635 BTC for $102.2M as Liquidity Tightens

Empery Digital has significantly reduced its Bitcoin holdings in recent months, selling 1,635 BTC for $102.2 million between July 1 and August 6. This sale cut its total Bitcoin holdings to 1,279 BTC, with 954 BTC pledged as collateral against $35 million of debt.

The company's remaining unrestricted Bitcoin has fallen sharply from 1,375 BTC at June 30 to just 325 BTC. Empery used the proceeds from these sales to fund various needs, including share repurchases and debt reduction.

A potential data-center property transaction could add further pressure on Empery's liquidity. The company may be required to contribute another $62.1 million if the acquisition closes, leaving it with even less room to maneuver.