Empery Digital has sold nearly half of its Bitcoin reserves, cashing out $87.1 million to invest in AI data centers.
2026.07.11 08:44:48
Nasdaq-listed Bitcoin treasury firm Empery Digital has sold a total of 1,400 BTC since May 7, at an average price of roughly $62,200, netting approximately $87.1 million in proceeds, cutting its Bitcoin reserve by nearly half. According to announcements, $10 million of the proceeds was used to repay debt on July 7, while the remaining funds will be allocated to previously announced real estate acquisitions for an AI data center, legal fees related to shareholder litigation, and daily operational expenses. The company had earlier announced it would invest $65 million to acquire a 25% stake in an entity developing an AI data center project in the U.S. Midwest. As of July 10, Empery Digital still holds 1,514 BTC, worth around $96.5 million at current prices, plus approximately $73.9 million in cash, with an outstanding debt balance of $45 million. Reports note that an increasing number of public companies holding Bitcoin reserves are starting to use BTC as a liquidity source rather than solely as a long-term holding asset, selling part of their reserves to meet traditional financing needs such as debt repayment, capital expenditures, and corporate operations.
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