Empery Digital sold 1,635 bitcoins, cashing out 102.2 million USD, reducing its holdings to 1,279 bitcoins

Empery Digital sold 1,635 bitcoins from July 1 to August 6, cashing out $102.2 million, reducing its holdings to 1,279 bitcoins. Among them, 954 bitcoins have been pledged to secure $35 million in debt, leaving only 325 bitcoins unrestricted, a significant decrease from 1,375 bitcoins on June 30.

In the first half of this year, Empery Digital also sold 1,167 bitcoins, raising $80.1 million, and spent $54 million on stock buybacks, repaying $50 million under the buyback financing and another $10 million loan. The company repaid $20 million in debt after June 30, and the lender returned 585 bitcoins, reducing the pledged amount from 1,539 bitcoins to 954 bitcoins.

Empery Digital has invested $2.9 million in the independent real estate project EMHU managed by Texstack, and if the acquisition is completed, an additional investment of $62.1 million may be required. The company has also completed a $20 million investment in Cardinal Data Power, acquiring approximately 8% equity; as of June 30, the company held $3.7 million in cash, including restricted cash, with a working capital shortfall of $5.7 million.