Empery Digital Sells 1,400 Bitcoins for $87 Million to Fuel AI Expansion

Empery Digital, a Nasdaq-listed company, has sold 1,400 bitcoins for $87.1 million to fund its AI infrastructure expansion and repay debt. The sale marks the company's largest reduction in bitcoin holdings to date, with an average price of $62,200 since May 7.

The proceeds will be used to finance a $65 million commitment to an AI data center project, giving Empery a 25% stake in Hunt Properties-affiliated venture acquiring a power-rich industrial site in the U.S. The investment plans to convert the site into an AI data center campus.

Empery raised over $500 million last July to launch its bitcoin treasury business after pivoting from electric powersports vehicles, ultimately amassing more than 4,000 BTC. Despite the sales, Empery remains a major corporate bitcoin holder, still holding 1,514 BTC worth nearly $100 million alongside approximately $74 million in cash.