Empery Digital Inc. reports developments tied to its bitcoin treasury strategy, capital structure management, and Nasdaq-listed common stock. Company updates recurring themes include BTC sales and treasury balances, share repurchase activity, NAV-related commentary, financing actions, borrowing arrangements, loan repayment activity, and balance sheet flexibility.
News also covers governance and stockholder matters, including annual meeting scheduling, proxy-material processes, advance-notice bylaw disputes, and board responses to director nomination notices. These disclosures frame Empery Digital as a digital asset management company using bitcoin as its principal treasury focus.
Empery Digital (EMPD) announced that ATG Capital has withdrawn five board nominees for the 2026 Annual Meeting, ending its campaign to gain control of the Board.
ATG is no longer seeking control, following months of proxy contest activity around its earlier effort to nominate and elect a full slate of directors. Empery Digital reiterates its prior offer to add one ATG nominee to the Board as a path to resolution. The company and its Board state that they want to redirect time and resources toward executing Empery Digital’s strategy in bitcoin treasury management and expansion into AI infrastructure and data center investments.
Empery Digital (NASDAQ: EMPD) updated investors on its balance sheet and strategic data center investments. The company reports holding 1,179 bitcoin, approximately $62 million in cash and $35 million of debt. Including 29,813,797 shares outstanding on an as-exercised basis for pre-funded warrants, Empery Digital calculates a net asset value (NAV) of $4.83 per share, using a bitcoin price of $79,800 and valuing its data center investments at cost.
The company’s cash balance reflects legal expenses tied to activist defense matters, which it expects to recover above a $5 million deductible under directors and officers insurance. Empery Digital highlights two minority data center investments with capped funding obligations: an 8% interest in Cardinal Data Power via a $20 million preferred equity investment for a behind‑the‑meter West Texas campus targeting 1.3 GW in its first phase, and an agreement to invest $65 million for a 25% stake in a private entity acquiring a 150 MW Midwest facility to be converted to an AI data center.
According to the company, the Midwest facility, expected to close in Q3 2026, is projected to generate up to $2 billion in aggregate lease payments over the lease term, implying more than $440 million in cash flows to Empery Digital based on its 25% share, with lease payments anticipated to begin in early 2027.
Empery Digital (NASDAQ: EMPD) signed and closed a $20 million preferred equity investment in Cardinal Data Power on July 20, 2026, acquiring an estimated 8% stake in the Hunt Properties–affiliated developer of powered data center campuses.
The investment forms part of an approximately $70 million Series A to fund CDP’s inaugural West Texas campus, where Empery Digital has a letter of intent for a 750 MW Phase I data center. The site spans over 3,500 acres, targets first power in 2027, ramping toward about 1 GW by 2029 with potential expansion above 5 GW.
Empery Digital (NASDAQ: EMPD) announced that its Board approved an amendment to its stockholder rights plan to accelerate the expiration to the close of business on July 6, 2026, earlier than the prior February 2, 2027 date.
The Board determined the plan is no longer necessary at this time, will reassess future needs, and confirmed shareholders need not take any action. Termination steps are described as routine and have no effect on Empery Digital’s common stock, which remains listed on Nasdaq.
Empery Digital (NASDAQ: EMPD) outlined capital needs and strategy for its Midwest AI data center investment. The company’s funding obligation is limited to $65 million for a 25% stake in the acquiring entity and is fully covered by existing balance sheet capital.
Under a non-binding LOI, the prospective tenant is expected to fund all data center build-out, power and operating costs. Empery Digital does not intend to issue equity at or near current share price levels and plans to target similar hyperscaler-anchored opportunities, potentially using existing bitcoin holdings to fund future deals.
Empery Digital (NASDAQ: EMPD) agreed to invest $65 million for a 25% stake in an acquisition entity buying a Midwest facility to convert into a 150 MW AI data center, with expansion potential to about 300 MW.
An affiliate of Hunt Properties signed a non-binding LOI for a triple net lease that could potentially reach $1 billion in payments, with opportunity to approximately double after power upgrades. The deal forms a strategic partnership with Hunt Properties to pursue additional hyperscaler-anchored, AI and high-performance computing infrastructure assets. Closing is expected in Q3 2026, and Empery Digital will discontinue its Bitcoin-focused treasury dashboard as it shifts to a broader NAV view.
Empery Digital (NASDAQ: EMPD) postponed its 2026 Annual Meeting of Stockholders. The meeting, originally set for July 29, 2026, will now be held virtually on September 23, 2026 at 10:00 a.m. Central Time.
Details and access instructions will appear in upcoming proxy materials.
Empery Digital (NASDAQ: EMPD) updated its share repurchase program on April 17, 2026. The company has repurchased 26,244,657 shares under a $200 million program at an average price of $5.71 per share, leaving 29,813,797 shares outstanding after potential warrant exercise.
The company sold 20 BTC for about $1.5 million and held 2,914 BTC in treasury as of April 17, 2026. Management may borrow against its credit facility and reduce bitcoin holdings to fund future repurchases.
Empery Digital (NASDAQ: EMPD) updated its share repurchase program on April 13, 2026. As of April 10, 2026, the company repurchased 25,805,396 shares under its $200 million program at an average price of $5.72 per share.
The company reports 30,253,058 shares outstanding after accounting for potential exercise of 2,496,395 pre-funded warrants. During the week ending April 10, 2026, Empery sold 55 BTC for about $3.9 million and holds 2,934 BTC in treasury. Management may increase borrowing or reduce bitcoin holdings to fund future repurchases.
Empery Digital (NASDAQ: EMPD) announced its 2026 Annual Meeting of Stockholders will be held on Wednesday, July 29, 2026 at 10:00 AM Central Time. The company said proxy materials and access instructions will be provided to stockholders ahead of the meeting.
The company described its business as focused on a bitcoin treasury strategy and digital asset management using blockchain to pursue long-term shareholder value.