Empery Digital has divested nearly half of its Bitcoin assets, selling 1,400 BTC for about $87.1 million to pivot towards artificial intelligence infrastructure. This strategic move enables the company to acquire a 25% stake in a new AI data center project.

Between May 7 and early July, Empery executed the sale at an average price of $62,200 per Bitcoin. The funds generated from this transaction will be allocated primarily to invest approximately $65 million in a project to develop an AI data center in collaboration with Hunt Properties. Additionally, $10 million will be used to settle outstanding debts. Some of the funds will also cover legal expenses.

Market Reaction to the Shift

Following the announcement, Empery’s stock experienced a notable increase, opening at $3.95, marking a 4.2% rise before closing the day up 1.58% at $3.86. This positive market response reflects investor satisfaction with the company's decision to move away from its Bitcoin accumulation strategy.

Current Crypto Holdings

Despite the recent sale, Empery Digital still retains 1,514 Bitcoin, valued at approximately $100 million, along with around $74 million in cash reserves. However, the company's stock remains down nearly 18% year-to-date and has dropped about 82% since it embarked on its Bitcoin treasury strategy last July.

The company initially garnered over $500 million in July 2025 to launch its Bitcoin strategy, transitioning from its original focus on electric powersports vehicles. At one point, Empery was among the top 25 publicly traded Bitcoin holders globally, possessing 4,081 BTC.

Shareholder Influence

The decision to sell a significant portion of its Bitcoin holdings was influenced by pressure from Tice P. Brown, a shareholder owning nearly 10% of Empery. Brown has been vocal in urging the company to abandon its Bitcoin strategy and has called for major changes in leadership.

As investor confidence in Bitcoin treasury strategies has waned, Empery is not alone in this shift. Other companies, like Strategy, the largest corporate Bitcoin holder, have also adjusted their positions, recently selling 3,588 BTC.

This article is for informational purposes only and should not be considered financial advice.