Empery Digital sold 1,400 Bitcoin for $87.1 million, reducing its cryptocurrency holdings by 48 percent, according to a Form 8-K filing disclosed July 10. The firm priced the sale at an average of $62,200 per coin and allocated proceeds to a $65 million stake in a Midwest AI data center, debt repayment, and legal expenses.
The sale reduced Empery Digital's Bitcoin holdings from 2,914 to 1,514 coins. The filing shows the firm repaid $10 million in debt on July 7 and committed $65 million to acquire a 25 percent stake in the Midwest data center project, with remaining proceeds covering legal costs and operations.
Empery Digital, a Bitcoin-focused investment firm, has made data center infrastructure a strategic focus amid growing demand for AI compute capacity. The Midwest facility deal ties the firm's capital deployment to the broader trend of cryptocurrency-native entities investing in physical infrastructure supporting artificial intelligence workloads.
The transaction occurred as Bitcoin traded in the $60,000 to $65,000 range. Empery Digital's decision to liquidate nearly half its holdings reflects a reallocation from passive cryptocurrency holdings toward operational assets and leverage reduction, a shift some publicly traded Bitcoin holders have undertaken when balancing balance sheet strength against market exposure.
