Empery Reduces Bitcoin Holdings to 1,179, Expands AI Data Center Investment

Empery Digital has reduced its Bitcoin (BTC) holdings to 1,179 and announced plans to invest in artificial intelligence (AI) data centers. Currently, its assets include 1,179 BTC, approximately $62 million in cash, and $35 million in debt, with the BTC price assessed at $79,800, resulting in a net asset value (NAV) of $4.83 per share. At the time of the SEC filing on July 10, the holdings were 1,514 BTC, $73.9 million in cash, and $45 million in debt. Empery sold 1,400 BTC to repay debt and fund AI data center investments, securing $87.1 million by selling at an average price of $62,200 since May 7. The AI data center investment includes a $20 million investment in Cardinal Data Power, acquiring an 8% stake, while the West Texas campus aims for a first power supply in 2027 with a phase one capacity of 1.3 GW. Investments in Midwest facilities are also underway, with plans to invest $65 million to convert a 150 MW facility into an AI data center. Lease structures are under discussion, with rental payments expected to begin in early 2027. Empery Digital's announcement is noteworthy as it highlights how Bitcoin-holding companies are expanding their investment targets into AI infrastructure assets.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.