Latest news with #EmperyDigitalInc
Business Wire
3 days ago
- Business
- Business Wire
Empery Digital Acquires 18 Additional BTC and Now Holds Over 4,018 BTC
AUSTIN, Texas--(BUSINESS WIRE)-- Empery Digital Inc. (NASDAQ: EMPD) (the 'Company' or 'Empery Digital') today announced that since the last update on August 6, 2025, the Company has acquired an additional 17.51 BTC for a total purchase price of $2.0 million. As of the time of this release, the Company holds 4,018.36 BTC acquired for an aggregate purchase price of approximately $472 million, reflecting an average purchase price of $117,552 per BTC. Additionally, the Company today announced that it has been exploring a range of opportunities to cost effectively leverage the significant BTC holdings to fund potential share repurchases in the event the Company's common stock trades at a discount to net asset value. By proactively securing access to capital, the Company aims to act swiftly should market conditions present an attractive opportunity to repurchase shares below NAV. 'This strategy aligns with our disciplined approach to add bitcoin per share on both sides of net asset value,' said Ryan Lane, Co-CEO & Chairman of Empery Digital. 'Our intentional decision to not use debt financing out of the gate affords the management team significant flexibility to pursue accretive opportunities for shareholders. If our shares trade at a discount to NAV, we will have the flexibility to act decisively.' Ryan continued, 'We also launched various social media accounts to provide a place where I can explain the various ways Empery Digital thinks about efficiently adding bitcoin per share. I will also opine on various topics and happenings within the blockchain ecosystem where I have expertise. Please come follow us on this journey: @EMPD_BTC on X (formerly Twitter). We plan to announce our additional social media handles soon.' About Empery Digital Inc. Built on Principles, Powered by Blockchain Effective as of July 17, 2025, the Company adopted a bitcoin treasury strategy with the goal of becoming a leading, low cost, capital efficient, globally trusted aggregator of bitcoin. Empery Digital (formerly Volcon) was founded as the first all-electric power sports company sourcing high-quality and sustainable electric vehicles for the outdoor community. The power sports brand will operate under the brand name Empery Mobility. Empery Mobility electric vehicles are the future of off-roading, not only because of their environmental benefits but also because of their near-silent operation, which allows for a more immersive outdoor experience. Forward-Looking Statements This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including the statements relating to the proposed real time updates on the Company's website and whether we will be able to obtain sufficient debt financing at terms that are acceptable for making share repurchases if our common stock is trading below NAV or if we will repurchase shares of our common stock at all. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, changes in business, market, financial, political and regulatory conditions; risks relating to the Company's operations and business, including the highly volatile nature of the price of Bitcoin and other cryptocurrencies; the risk that the Company's stock price may be highly correlated to the price of the digital assets that it holds; risks related to increased competition in the industries in which the Company does and will operate; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for U.S. and foreign tax purpose, as well as those risks and uncertainties identified under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other information the Company has or may file with the SEC, including those disclosed under Item 8.01 of the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on July 17, 2025. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Business Wire
06-08-2025
- Business
- Business Wire
Empery Digital Acquires 88 Additional BTC and Now Holds Over 4,000 BTC
AUSTIN, Texas--(BUSINESS WIRE)--Empery Digital Inc. (NASDAQ: EMPD) (the 'Company' or 'Empery Digital') today announced that since the last update on August 3, 2025, the Company has acquired an additional 87.62 BTC for a total purchase price of $10.0 million. As of the time of this release, the Company holds 4,000.85 BTC acquired for an aggregate purchase price of approximately $470 million, reflecting an average purchase price of $117,552 per BTC. Additionally, today the Company launched which will include real-time portfolio metrics updating the market on BTC holdings and key valuation metrics. 'We are excited to launch providing the market with virtual real-time pricing and portfolio updates,' said Ryan Lane, Co-CEO & Chairman of Empery Digital. 'Providing real-time holdings information sourced directly from our custodian by our third-party administrator creates unprecedented transparency. The website launch demonstrates our commitment to the principles of corporate disclosure.' About Empery Digital Inc. Built on Principles, Powered by Blockchain Effective as of July 17, 2025, the Company adopted a bitcoin treasury strategy with the goal of becoming a leading, low cost, capital efficient, globally trusted aggregator of bitcoin. Empery Digital (formerly Volcon) was founded as the first all-electric power sports company sourcing high-quality and sustainable electric vehicles for the outdoor community. The power sports brand will operate under the brand name Empery Mobility. Empery Mobility electric vehicles are the future of off-roading, not only because of their environmental benefits but also because of their near-silent operation, which allows for a more immersive outdoor experience. Forward-Looking Statements This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including the statement relating to the proposed real time updates on the Company's website. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, changes in business, market, financial, political and regulatory conditions; risks relating to the Company's operations and business, including the highly volatile nature of the price of Bitcoin and other cryptocurrencies; the risk that the Company's stock price may be highly correlated to the price of the digital assets that it holds; risks related to increased competition in the industries in which the Company does and will operate; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for U.S. and foreign tax purpose, as well as those risks and uncertainties identified under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other information the Company has or may file with the SEC, including those disclosed under Item 8.01 of the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on July 17, 2025. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
