Empery Digital Reduces Bitcoin Holdings and Plans Further Sales

Empery Digital, a Nasdaq-listed Bitcoin treasury company, has announced a reduction in its Bitcoin holdings. According to Odaily, the company sold 102 Bitcoins last week at an average price of $71,636, bringing its total Bitcoin holdings down to 3,562. Additionally, Empery Digital disclosed that it has spent approximately $122 million to repurchase over 20.175 million shares of common stock. The company plans to continue selling Bitcoin as needed to fund future stock buybacks and potentially repay some outstanding debt.