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Woofun AI reports that Empery Digital has disposed of 1400 BTC since May 7, generating approximately $87.1 million at an average price of $62,200. This transaction reduces the company's Bitcoin holdings by nearly half.
The proceeds are allocated to repaying $10 million in debt on July 7, with the remainder directed toward an AI data center real estate acquisition, shareholder litigation costs, and operational expenses. Empery Digital previously committed $65 million for a 25% stake in a Midwest US AI data center entity. As of July 10, the firm retains 1514 BTC valued at $96.5 million, $73.9 million in cash, and $45 million in outstanding debt.