Web Analytics
Seeking Alpha
2025-08-11 13:29:25

Empery Digital acquires additional bitcoins worth $2M

All-electric power sports company Empery Digital ( NASDAQ: EMPD ) announced on Monday the acquisition of an additional 17.51 bitcoins for $2M. The company now holds 4,018.36 bitcoins acquired for ~$472M, representing an average purchase price of $117,552 per BTC. Shares were +2.86% pre-market to $10.08, while BTC was trading at $119,523.14. Also, Empery Digital said it has "been exploring a range of opportunities to cost effectively leverage the significant BTC holdings to fund potential share repurchases in the event the Company’s common stock trades at a discount to net asset value".

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.