Empery Digital Responds to Shareholder's Bitcoin Liquidation Request

Empery Digital, a Nasdaq-listed Bitcoin treasury company, has issued a formal statement addressing demands from a major shareholder to liquidate all Bitcoin holdings and return cash to shareholders. According to PANews, the company emphasized that despite its stock price consistently being below NAV, management has prioritized shareholder interests by implementing a stock repurchase plan. The statement also addressed false and malicious personal attacks by major shareholder Tice P. Brown against the management. Empery Digital clarified that ATG Capital has not communicated with any company directors or executives. The company further explained that its board and management team have thoroughly evaluated Brown's proposal to liquidate all Bitcoin assets. They concluded that such action would not serve the best interests of all shareholders and would deprive them of potential future gains from price increases. Consequently, Empery Digital has decided not to proceed with the immediate liquidation of its Bitcoin assets at this time.