Woofun AI reports that Empery Digital has executed a definitive agreement with Hunt Properties, committing $65 million to obtain a 25% ownership interest in a newly formed project vehicle. This joint venture intends to purchase and retrofit industrial sites across the Midwestern United States for the construction of dedicated AI data centers.

The collaboration establishes a strategic framework to co-develop hash rate assets and expand high-performance computing infrastructure, utilizing shared resources in power supply and capital markets.

Concurrently, Empery Digital stated it will discontinue public reporting of its Bitcoin net asset value, citing a diversified asset base that now prioritizes AI hash rate and energy infrastructure growth over solely Bitcoin holdings.