Empery Digital sells 1,400 Bitcoin for $87M to fund AI data center
In brief
- Empery Digital liquidated 1,400 Bitcoin since May 7, generating $87.1 million in gross proceeds
- Company deployed $10 million to retire debt, earmarked remainder for 25% AI data center stake and legal expenses
- Empery Digital held 1,514 BTC valued at approximately $96.5 million as of Thursday
Debt Paydown and Capital Deployment
Empery Digital used $10 million of the proceeds to retire outstanding debt on July 7. The remainder is earmarked for a previously announced property acquisition and legal expenses. On June 30, the company announced a $65 million property deal for a 25% ownership stake in a private entity acquiring a Midwest AI data center.
The move reflects a broader shift in how corporate Bitcoin holders manage their reserves. Rather than treating crypto as purely long-term collateral, companies are increasingly tapping Bitcoin positions as a liquidity source to fund operations and strategic investments.
Current Holdings and Financial Position
As of Thursday, Empery Digital held 1,514 BTC—currently valued at nearly $96.5 million. The company also maintains approximately $73.9 million in cash, with $45 million still outstanding on its debt facility.
Empery Digital stock traded at $3.87 on Friday and was up about 2% on the day. Shares are up more than 14% in the last month, but down about 15% so far this year.
