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Edition 2026-08-10

CRYPTO

Empery Digital Reduces Unrestricted Bitcoin Holdings by 76%

Empery Digital sold 1,635 Bitcoin for $102.2 million between July 1 and August 6, reducing its unrestricted Bitcoin holdings to 325 BTC.

By cryptonews · 76d ago · Source: cryptonews

Full article

Empery Digital sold 1,635 Bitcoin for $102.2 million between July 1 and August 6, reducing its unrestricted Bitcoin holdings to 325 BTC. The August 7 SEC filing disclosed the transaction and detailed debt repayment, share repurchases and a pending property acquisition for an AI data center. At the end of June, Empery held 2,914 Bitcoin, of which 1,375 were unrestricted. Sales between July 1 and August 6 cut the available pool by 1,050 Bitcoin, a decline of about 76.4%. Earlier in 2026, the firm sold 1,167 Bitcoin for $80.1 million, generating a $56.8 million realized loss. After repaying $20 million of debt in June, the lender returned 585 pledged Bitcoin, lowering pledged collateral from 1,539 Bitcoin to 954 Bitcoin. Remaining pledged Bitcoin of 954 stay secured against $35 million of debt. The company repurchased 26.24 million shares for $149.7 million, financed in part by $105 million of borrowings and Bitcoin proceeds. Digital asset losses totaled $106.3 million in the first half of 2026, equal to 87% of operating expenses. Cash and cash equivalents were $3.6 million and the working capital deficit was $5.6 million, while unrestricted Bitcoin holdings fell to 325 BTC. The pending Midwest property acquisition, valued at roughly $230 million and intended to become an AI data center, has a due diligence deadline of August 13 with a possible 15‑day extension. Management said cash, operations, borrowing and potential Bitcoin sales should be sufficient to fund operations beyond one year, though any further sales will depend on future decisions.

Source transparency

Publisher
cryptonews
Reliability
high
Published
8/10/2026, 10:00:13 AM
Retrieved
8/10/2026, 10:00:13 AM
Relevance
80%
Confidence
85%
Read original at cryptonews

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