Empery Digital invests $65 million in US AI data centers, acquiring 25% equity in the project
Odaily reported that Empery Digital, a Nasdaq-listed bitcoin treasury company, announced it has signed a final cooperation agreement with Hunt Properties, investing $65 million to acquire a 25% equity stake in a new project entity. This entity plans to acquire and repurpose industrial factory buildings in the U.S. Midwest to build professional AI data centers.
The two parties have formed a long-term strategic partnership to jointly develop computing power assets, advance AI and high-performance computing (HPC) infrastructure expansion, and integrate advantages in power supply, grid access, and capital market financing. Meanwhile, Empery Digital announced it will discontinue its previous public data disclosures based on bitcoin holdings' net asset value (NAV). The company explained that its current asset structure can no longer be measured solely by bitcoin holdings and will focus on capturing growth opportunities in AI computing power and energy infrastructure, diversifying into physical computing power businesses. (Businesswire)
