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Woofun AI reports that Bitcoin reserve company Empery Digital (EMPD) sold 1,400 BTC over the past two months at an average price of $62,200, generating approximately $87.1 million in proceeds. The capital was allocated to acquiring a 25% stake in an AI data center project and repaying $10 million in outstanding debts.
Following the transaction, Empery Digital's Bitcoin holdings decreased by 48% to 1,514 BTC, valued at roughly $97 million. EMPD shares opened with a 4.2% gain and closed up 1.58%, reflecting investor sentiment toward the shift from Bitcoin reserves to AI infrastructure.