EmperyDigital Faces Shareholder Revolt Over Bitcoin Asset Strategy

Empery Digital confirmed it will retain its Bitcoin reserves despite shareholder proposals, citing long-term interests, as per-share Bitcoin holdings rose 39% since August 2025 and the NAV discount narrowed amid ongoing buybacks.

BTC

Summary

Empery Digital has reaffirmed that it will not liquidate its Bitcoin reserves following shareholder proposals urging a full divestment. The company’s board reviewed the plan and concluded that selling its holdings would conflict with long-term shareholder interests. Since August 2025, Bitcoin holdings per share have increased by 39%, while the company’s net asset value (NAV) discount has narrowed as it continued share buybacks. The firm maintains its commitment to its Bitcoin treasury strategy despite ongoing investor pressure.

Terms & Concepts
  • Bitcoin treasury: A corporate strategy in which a company holds Bitcoin on its balance sheet as a reserve asset instead of or alongside traditional cash equivalents.
  • NAV discount: The gap between a company’s market price and the net asset value of its underlying holdings, often used to assess valuation relative to assets.
  • BTC: The ticker symbol for Bitcoin, the largest decentralized digital currency by market capitalization.