Empery Digital Drops $87 Million in Bitcoin for AI Data Centers

1 hour ago 3 sources negative

Key takeaways:

  • Empery's pivot from Bitcoin accumulation to AI suggests corporate Bitcoin treasuries may unwind, pressuring BTC.
  • Bitcoin's corporate HODLer base erodes as Empery sells 1,400 BTC near breakeven, risking further downside.
  • AI-themed tokens could attract capital as companies monetize Bitcoin holdings for AI buildout.

Nasdaq-listed Bitcoin treasury firm Empery Digital has sold 1,400 BTC for approximately $87.1 million, marking a strategic shift from cryptocurrency accumulation toward artificial intelligence infrastructure. According to SEC filings, the sales took place at an average price of $62,200 per bitcoin between May 7 and July 10, 2026.

The company will use $10 million of the proceeds to immediately repay a portion of its debt. Another portion will cover legal expenses tied to litigation with minority shareholders. The bulk of the cash, however, is earmarked for a real estate acquisition that will provide the physical land and electric power needed to launch AI computing operations. Empery Digital is acquiring a 25% stake in a Hunt Properties‑affiliated venture that plans to convert a power‑rich industrial site in the U.S. into an AI data center campus.

Management has officially stated that the net asset value of its Bitcoin holdings will no longer be the primary metric for success. The business is now fully focused on AI computing and energy infrastructure, following the lead of competitor Nakamoto, which recently made a similar pivot. Empery Digital still holds 1,514 BTC (worth nearly $100 million) and $73.9 million in cash against $45 million in total debt, placing it 36th in the global Bitcoin treasury ranking compiled by BitcoinTreasuries.NET.

The move reflects a broader trend among publicly traded companies that are converting digital assets into liquidity to finance real‑world AI infrastructure, rather than holding Bitcoin indefinitely as many did in 2025. Empery Digital’s shares (Nasdaq: EMPD) rose 1% on Friday but remain down about 18% year‑to‑date and 82% since the launch of its bitcoin treasury strategy in July 2025.

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