Bitcoin treasury firm Empery Digital makes a $20 million strategic investment in the CDP strategy to set up AI data centers

Golden Finance reports that Empery Digital, a Bitcoin treasury company listed on Nasdaq, has announced it has completed a $20 million preferred stock strategic investment in AI data center developer Cardinal Data Power (CDP), securing about 8% equity. This investment is part of CDP’s approximately $70 million Series A financing; the funds will be used to advance the construction of its first artificial intelligence data center campus in West Texas, USA, and further seize the power demand opportunities brought by the rapid growth of AI infrastructure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned