Empery Digital sold 102 Bitcoin at $71,636 each, raising $7.3 million to strengthen cash reserves and fund ongoing and future share repurchases amid shareholder pressure.
Empery Digital sold 102 Bitcoin at an average price of $71,636, generating approximately $7.3 million to bolster cash reserves and support its $122 million share repurchase program. The company, following pressure from investors ATG Capital and Tice P. Brown, retains 3,562 Bitcoin and plans further sales to fund additional buybacks and debt repayments.