Bitcoin holdings down 48%, Empery Digital sells 1,400 BTC to invest in AI data centers

Odaily Planet Daily reported that Bitcoin reserve company Empery Digital disclosed that it has sold 1,400 BTC over the past two months, at an average selling price of $62,200, cashing out approximately $87.1 million to invest in AI data center projects and repay debt. Specifically, a portion of the funds was used to acquire a 25% stake in an AI data center project, while another $10 million was used to repay outstanding debt. Following this sale, Empery Digital's Bitcoin holdings decreased by 48%, and it currently holds 1,514 BTC, which is worth approximately $97 million at current prices. EMPD shares initially rose 4.2% at the market open, eventually closing up 1.58%.