Empery Digital Repurchases 1 Million Shares, Boosts Bitcoin Holdings to 4,081 BTC
The company bought back 1,009,115 common shares at an average of $7.29 each under its $100 million buyback program and added 16.51 BTC to its reserves.
BTC
Summary
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Terms & Concepts
BTC: The ticker symbol for Bitcoin, a decentralized digital currency that operates on a peer-to-peer network without a central authority.
Share Buyback: A corporate action where a company buys back its own shares from the marketplace, reducing the number of outstanding shares and often increasing the value of remaining shares.