Less than a year ago, Empery Digital was buying Bitcoin by the hundreds of millions. Now it is considering selling some of that Bitcoin to fund a $65 million bet on AI infrastructure.
The company, which trades on Nasdaq under the ticker EMPD, announced on June 30 that it plans to acquire a 25% ownership stake in a newly formed entity focused on converting a Midwest industrial property into an AI data center. The deal is expected to close in Q3 2026.
What the deal actually looks like
The facility already has 150 megawatts of power capacity in place, with room to scale to 300 MW.
Empery is partnering with Hunt Properties on the project, combining what the company describes as its capital markets expertise with Hunt’s background in power procurement and infrastructure development.
