- Empery Digital has sold nearly half of its Bitcoin holdings to fund debt repayments and expand into AI infrastructure.
- The company raised approximately $87.1 million by selling 1,400 BTC as it shifts its long-term business strategy.
- More Bitcoin treasury firms are reallocating capital toward AI, reflecting changing priorities across the industry.
Empery Digital has significantly reduced its Bitcoin holdings as the Nasdaq-listed company pivots toward artificial intelligence infrastructure. Since early May, the firm has sold 1,400 Bitcoin, cutting its BTC treasury by roughly 48% and raising approximately $87.1 million to support new strategic initiatives.
The move highlights a growing trend among some public companies that accumulated large Bitcoin reserves during previous market cycles but are now redirecting capital toward AI-related opportunities.
Empery Uses Bitcoin Sales to Fund Expansion
According to a recent SEC filing, Empery Digital began selling Bitcoin shortly after May 7, with the company averaging approximately $62,200 per BTC.
Part of the proceeds was used to repay $10 million of outstanding debt, while the remaining capital has been earmarked for a planned property acquisition and legal expenses related to shareholder litigation.
Despite the recent sales, Empery still holds approximately 1,514 Bitcoin alongside nearly $73.9 million in cash. The company also continues carrying roughly $45 million in outstanding debt.
Bitcoin Sales Have Been Ongoing
The latest transactions are part of a broader strategy that began earlier this year.
Since February, Empery has steadily reduced its Bitcoin position to fund share buybacks and repay obligations tied to its lending facility with Two Prime. By April, the company had already sold hundreds of Bitcoin in multiple transactions as market conditions became increasingly challenging.
Management has indicated that Bitcoin holdings alone no longer fully represent the company’s overall value as it expands into new business segments.
AI Infrastructure Becomes the New Focus
The company’s biggest investment is now artificial intelligence infrastructure.
In late June, Empery announced a $65 million investment to acquire a 25% stake in a Midwest data center project expected to close during the third quarter.
The facility currently supports approximately 150 megawatts of power capacity, with plans to potentially expand to 300 megawatts. A proposed long-term lease agreement, valued at up to $1 billion, could eventually see the property occupied by a major global AI hardware company, although the agreement remains non-binding.
The transition reflects the growing belief among investors that AI infrastructure may generate stronger long-term returns than maintaining large passive Bitcoin treasuries alone.
Corporate Bitcoin Strategies Continue Evolving
Several Bitcoin-focused companies have recently shifted capital allocation strategies as demand for AI infrastructure continues accelerating. Some firms have reduced Bitcoin holdings to strengthen balance sheets or fund expansion into data centers, while others continue balancing cryptocurrency investments with new AI opportunities.
Although Empery’s stock remains well below its 52-week high, management appears committed to its long-term strategy of combining digital assets with AI infrastructure investments.
Whether the pivot ultimately proves successful will depend on both Bitcoin’s future performance and the continued growth of the artificial intelligence sector. For now, Empery’s latest moves underscore how rapidly corporate crypto strategies are evolving as companies search for new sources of growth.
