Empery Digital Sells 1,400 BTC for $87M AI Data Center Pivot
Empery Digital has sold 1,400 BTC since May 7 at an average $62,200, raising $87.1 million to repay debt and fund an AI infrastructure shift. The July 10-11 disclosures follow Galaxy Digital's July 7 launch of a 133 MW AI lease at its repurposed Helios campus under a 15-year CoreWeave agreement targeting over $1 billion in annual revenue. Empery used $10 million of proceeds to repay debt on July 7, allocated $65 million for a 25% stake in a 150 MW Midwest data center, and now holds 1,514 BTC plus $73.9 million in cash against $45 million remaining debt.