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Empery Digital Sells 370 Bitcoin for $24.7 Million to Support Buybacks

The Nasdaq-listed Bitcoin treasury company said its Bitcoin holdings fell to 2,989 BTC after the sale and indicated it may sell more Bitcoin to fund future share repurchases and repay part of its debt.

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Terms & Concepts
  • Bitcoin treasury company: A company that holds Bitcoin on its balance sheet as a core treasury asset and may use it for corporate finance decisions.
  • Share buyback: A corporate action in which a company repurchases its own shares, typically to reduce shares outstanding or return capital to shareholders.
  • Nasdaq: A major U.S. stock exchange where many technology and growth-focused companies are listed.