Empery Digital Faces Pressure to Sell Entire Bitcoin Portfolio

Empery Digital, a Nasdaq-listed firm, is facing a critical test of its corporate Bitcoin adoption strategy after a major shareholder demanded the immediate sale of the company's entire Bitcoin portfolio. Tice P. Brown, holding a substantial 9% stake in Empery Digital, issued this explosive ultimatum directly to the board of directors on March 18, 2025.

The demand represents a critical test for corporate Bitcoin adoption strategies and highlights growing tensions between traditional shareholder interests and cryptocurrency investment philosophies. The shareholder's concerns focus on whether the company's cryptocurrency exposure aligns with creating shareholder value, and whether the investments are speculative or not.