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Bitcoin holdings decreased by 48%; Empery Digital sold 1,400 BTC and shifted it to an AI data center

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Odaily Planet Daily reported that Bitcoin reserve company Empery Digital disclosed that it sold 1,400 BTC over the past two months, at an average selling price of $62.2k, raising a total of about $87.1 million. The proceeds are being used to invest in AI data center projects and to repay debts. Of this, some funds were used to acquire 25% equity in an AI data center project, and another $10 million was used to repay outstanding debts. After this sale, Empery Digital’s Bitcoin holdings decreased by 48%; it currently holds 1,514 BTC, worth about $97 million based on the current price. EMPD’s stock price rose 4.2% in early trading, and ultimately closed up 1.58%.
BTC-0.22%
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