According to a Reuters report, the Hunt family, a Texas billionaire family, and the Crow family, a real estate giant, are jointly investing in a data center project with the Nasdaq-listed bitcoin company Empery Digital (EMPD), with a scale of approximately $1 billion. The team has agreed to acquire an industrial facility with about 150MW of power capacity for approximately $230 million, and plans to convert it into a data center, while signing a long-term lease intent of about $1 billion with a cloud computing company. The project party stated that it will leverage its power and real estate resource advantages to transform industrial assets into AI data center infrastructure. In addition, Empery Digital announced that it will stop publicly disclosing data based on the net asset value (NAV) of its bitcoin holdings. The company explained that its current asset structure can no longer be measured solely by bitcoin holdings, and in the future it will focus on the growth opportunities of AI computing power and energy infrastructure, diversifying into physical computing power businesses.

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