Empery Digital Sells 55 Bitcoin as Holdings Fall to 2,934 BTC

According to the company disclosure, Empery Digital sold 55 BTC for about $3.9 million and repurchased 25,805,396 common shares under its $200 million buyback plan.

BTC

Summary

According to the company disclosure, Empery Digital sold 55 BTC at an average price of $70,560, generating about $3.9 million in proceeds, while its treasury holdings stood at 2,934 BTC. The company also repurchased 25,805,396 common shares at an average price of $5.72 under its $200 million buyback plan. Based on the disclosed average repurchase price and share count, the buyback amount was roughly $147.6 million, indicating continued capital returns alongside management of its Bitcoin treasury.

Terms & Concepts
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market capitalization.
  • Bitcoin treasury: A corporate strategy in which a company holds Bitcoin as part of its balance sheet or reserve assets.
  • Common shares: Standard equity shares representing ownership in a company, typically including voting rights.