Empery Digital Sells 1,400 BTC: Why Treasury Firms Are Funding AI Pivots With Bitcoin
Empery Digital sold 1,400 BTC, raising $87.1 million. The proceeds are being used to fund a $65 million stake in an AI data center and to repay $10 million in debt. The move highlights a broader trend of bitcoin treasury firms pivoting toward compute investments.
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Empery's sale of half its stack at an average $62,200 funds a $65 million stake in a Midwest AI data center and $10 million of debt repayment, leaving 1,514 BTC and about $74 million cash.
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