Empery Digital sold roughly half its bitcoin treasury stack, disposing of 1,400 BTC since May 7 at an average price of $62,200 and generating $87.1 million in gross proceeds, according to an SEC 8-K filing dated July 10.
The company held 2,914 BTC before the sale and 1,514 BTC as of the filing date. The 1,400-bitcoin sale represents a 48 percent reduction in holdings.
Empery allocated the proceeds across three uses: $10 million went to repay outstanding debt on July 7, $65 million funded a stake in a Midwest artificial intelligence data center project, and the remainder covered legal and operating expenses. The company did not specify the total amount directed to legal and operating costs.
Empery Digital has shifted its strategic focus toward AI infrastructure investment. The $65 million data center commitment represents a material capital deployment outside its original bitcoin treasury model. The company did not disclose whether additional sales are planned or provide guidance on its remaining 1,514 BTC holdings.