InvestmentJul 1, 2026, 08:37 AM
Empery Digital Funds $65M Investment Without New Equity Issuance
AI Summary
Empery Digital Inc. announced it will fund its $65 million investment in a Midwest property for an AI data center from its balance sheet, with no plans to issue new equity. A globally recognized tenant is expected to fund all data center build-out, power usage, and operating costs. The company plans to continue allocating capital to similar hyperscaler-anchored opportunities and may sell Bitcoin to finance these investments.
Key Highlights
- Empery Digital committed $65 million for a 25% equity interest in EMHU, LLC.
- The investment is for a Midwest property to be converted into an AI data center.
- Company expects to fund the $65 million investment from its balance sheet.
- No equity issuance is anticipated at or near current share price levels.
- A potential tenant will fund the data center conversion, power usage, and operating costs.
- Empery Digital may sell Bitcoin to fund this and similar future opportunities.
- The property acquisition is expected to close in the third quarter of 2026.
Price Impact
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