Empery Digital Sells About Half of Bitcoin Holdings to Fund AI Data Center Bet
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Empery Digital, a corporate Bitcoin treasury company, has sold about half of its Bitcoin holdings and will use the proceeds to invest in an artificial intelligence data center business.
CoinDesk reported on July 11 that Empery Digital sold 1,400 Bitcoin at $62,200 each, raising $87.1 million.
The company had previously said it needed about $65 million this month to buy a 25% stake in an AI data center development project in the U.S. Midwest. The proceeds from the Bitcoin sale are set to be used for that investment.
Empery Digital was one of the companies formed through a special purpose acquisition company, or SPAC, during the 2025 boom in digital-asset treasury firms.
The company still holds 1,514 Bitcoin, but said it no longer plans to buy more and is considering additional sales to free up capital for other investments.
Co-Chief Executive Officer Ryan Lane said Empery Digital will continue allocating capital to investment opportunities focused on hyperscale AI data centers.
Uk Jin
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