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Empery Digital sells 1,400 Bitcoin to fund $65M AI data center project
Empery Digital is selling 1,400 Bitcoin to fund a $65M AI data center project, abandoning its Bitcoin treasury strategy less than a year after adopting it.
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cryptobriefing.com
Empery Digital sells 1,400 Bitcoin to fund $65M AI data center project
Empery Digital is selling 1,400 Bitcoin to fund a $65M AI data center project, abandoning its Bitcoin treasury strategy less than a year after adopting it.
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theblock.co
Empery Digital offloads 1,400 bitcoins to help fund AI pivot, pay debt
Empery Digital used part of the proceeds for a 25% stake in an AI data center campus project.
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decrypt.co
Bitcoin Treasury Firm Empery Digital Dumps Nearly Half of BTC Holdings for $87 Million - Decrypt
Nasdaq-listed Empery Digital said it sold 1,400 Bitcoin since May to help fuel an AI data center deal, legal bills, and other expenses.
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Empery Digital trims Bitcoin holdings by $87M to fund debt and operations
Empery Digital sold 1,400 BTC for $87.1 million to repay debt, fund a property acquisition, cover legal expenses and support operations.
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coindesk.com
Bitcoin treasury company Empery Digital sold about half of BTC stack
It's a sign of the times as the troubled company swaps its bitcoin treasury ambitions for AI data centers.