SaleJul 10, 2026, 08:07 AM
Empery Digital Sells 1,400 BTC for $87.1M; Repays $10M Debt
AI Summary
Empery Digital Inc. announced it sold 1,400 BTC since May 7, 2026, at an average price of $62,200 per BTC, generating approximately $87.1 million in gross proceeds. These funds were used to repay $10 million of debt, fund a previously announced Property Acquisition, and cover legal expenses and operations. As of July 10, 2026, the company held 1,514 BTC, $73.9 million in cash, and had $45 million outstanding on its debt facility.
Key Highlights
- Empery Digital sold 1,400 BTC since May 7, 2026.
- The average sale price was $62,200 per BTC.
- Generated approximately $87.1 million in gross proceeds.
- Repaid $10 million of outstanding debt on July 7, 2026.
- Proceeds will fund a previously announced Property Acquisition.
- Proceeds will also cover elevated legal expenses and ongoing operations.
- As of July 10, 2026, the company held 1,514 BTC.
- As of July 10, 2026, the company held $73.9 million in cash.
- Outstanding debt facility is $45 million as of July 10, 2026.
Price Impact
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