As the struggling company transitions from its bitcoin treasury plans to focus on AI data centers.
By Stephen AlpherUpdated Jul 11, 2026, 12:35 p.m. Published Jul 11, 2026, 12:25 p.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Empery Digital sells a significant portion of its Bitcoin (cdd20, Unsplash)SummaryShow- Empery Digital (EMPD) revealed yesterday that it sold 1,400 bitcoin at a price of $62,200 each, resulting in total proceeds of $87.1 million.
- The funds will be directed towards establishing an AI data center in the Midwest.
- Despite this sale, the company retains 1,514 bitcoin and has no plans to acquire more, although it may sell additional bitcoins if the opportunity arises.
On Friday, Empery Digital (EMPD) disclosed that it had sold 1,400 bitcoin at $62,200 each, leading to proceeds totaling $87.1 million.
Earlier in July, the firm indicated it would require $65 million to finalize its 25% stake in a consortium acquiring a facility in the Midwest intended for conversion into an AI data center.
Empery was part of a wave of SPAC transactions that emerged during the 2025 digital asset treasury boom. However, the outcomes for many of these firms have been disappointing, with most experiencing a drop in share prices of 90% or more since their peaks in 2025.
As the cryptocurrency market potentially stabilizes, a rising number of these companies have begun to sell off the digital assets they acquired back in 2025.
Empery still holds 1,514 bitcoin and has stated it does not plan to buy more, hinting that it may sell additional BTC to seize other opportunities.
Ryan Lane, co-CEO, mentioned, "We intend to keep directing capital towards similar hyperscaler-anchored opportunities in the future."
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Digital Assets: Quarterly Review and Outlook Q2
Digital Assets: Quarterly Review and Outlook Q2
In the second quarter of 2026, digital assets faced their third consecutive quarter of losses, marking the longest losing streak since the 2022 bear market. This downturn occurred as institutional investors shifted capital into AI equities, resulting in Bitcoin ETFs experiencing their largest quarterly outflow since inception. Our report delves into the factors behind this divergence, the ongoing structural adoption, and the indicators to monitor in Q3.
By CoinDesk ResearchJul 10, 2026In the second quarter of 2026, digital assets faced their third consecutive quarter of losses, marking the longest losing streak since the 2022 bear market. This downturn occurred as institutional investors shifted capital into AI equities, resulting in Bitcoin ETFs experiencing their largest quarterly outflow since inception. Our report delves into the factors behind this divergence, the ongoing structural adoption, and the indicators to monitor in Q3.
Why it matters:
In the second quarter of 2026, digital assets faced their third consecutive quarter of losses, marking the longest losing streak since the 2022 bear market. This downturn occurred as institutional investors shifted capital into AI equities, resulting in Bitcoin ETFs experiencing their largest quarterly outflow since inception. Our report delves into the factors behind this divergence, the ongoing structural adoption, and the indicators to monitor in Q3.
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