Empery Digital sells 1,400 BTC for $87.1M to fund AI projects and repay debt.

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$63,949.801.01%

Summary

Empery Digital sold 1,400 BTC at $62,214 each, totaling $87.1M, to fund AI data centers, repay debts, and cover legal expenses. The firm still holds 1,514 BTC, valued at approximately $100M. With BTC prices stabilizing, this move aligns with broader trends in altcoins to watch in the AI-driven market.

BlockBeats news, on July 10, Empery Digital reduced its Bitcoin holdings by selling 1,400 BTC for $87.1 million to support its AI data center project, repay debt, and cover legal expenses.

The company currently holds 1,514 BTC, valued at nearly $100 million.

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