Empery Digital Inc. Faces Revolt Over Bitcoin Holdings

Empery Digital Inc., a prominent Digital Asset Trading (DAT) company, is facing a significant challenge to its Bitcoin-focused strategy due to the prolonged downtrend of the cryptocurrency.

The company, which aggressively accumulated Bitcoin in 2025, now holds a substantial position of 4081 BTC, worth $265.7 million, making it the 23rd-largest corporate holder of Bitcoin.

However, with an average cost basis of $117k and a current value down 44%, Empery's holdings are significantly impaired. The company's asset value has dropped from $509 million in October to $265 million, a decline of $244 million.

A major shareholder, Tice Brown, who owns 9.8% of the company, has staged a public revolt by calling for the resignation of the CEO and Board of Directors, as well as the sale of all Bitcoin holdings and return of the proceeds to investors.