Volcon Inc Stock Price, News & Analysis

Empery Digital (NASDAQ: EMPD), an all-electric off-road powersports company, reported Q2 2025 financial results and announced a major strategic shift. The company has initiated a Bitcoin treasury strategy, raising $481 million through private placements and acquiring 4,026.71 BTC at an average price of $117,546 per BTC.

Key financial metrics include Q2 2025 revenue of $0.7 million, consistent with Q1 2025 but down from Q4 2024's $1.0 million. The company reported a net loss of $3.9 million in Q2 2025, compared to $2.5 million in Q1 2025. Operating expenses increased to $3.7 million, primarily due to share-based compensation.

Strategic initiatives include increasing its ATM program by $1 billion, implementing a $100 million share repurchase program, and launching EmperyDigital.com for real-time portfolio metrics. The company is also evaluating the impact of tariffs on its mobility business from China and Vietnam.

Empery Digital (NASDAQ:EMPD) has expanded its Bitcoin holdings by acquiring an additional 17.51 BTC for $2.0 million. The company now holds a total of 4,018.36 BTC purchased at an average price of $117,552 per BTC, with a total investment of approximately $472 million.

The company is also exploring opportunities to leverage its BTC holdings to establish a borrowing facility, which would enable opportunistic share repurchases when stock trades below net asset value (NAV). Additionally, Empery Digital announced its presence on social media platforms, starting with X (formerly Twitter) under the handle @EMPD_BTC.

Empery Digital (NASDAQ: EMPD) has expanded its Bitcoin holdings by acquiring an additional 87.62 BTC for $10.0 million. The company now holds a total of 4,000.85 BTC purchased at an average price of $117,552 per BTC, with a total investment of approximately $470 million.

The company has also launched EmperyDigital.com, featuring a treasury dashboard that provides real-time portfolio metrics and BTC holdings information. The platform aims to enhance transparency by displaying real-time holdings data sourced directly from their custodian through a third-party administrator.

Formerly known as Volcon, Empery Digital adopted a bitcoin treasury strategy on July 17, 2025, with the goal of becoming a leading bitcoin aggregator. The company maintains its electric vehicle division under the brand name Empery Mobility.

Volcon Inc. (NASDAQ: VLCN) has announced its transformation into Empery Digital Inc. (NASDAQ: EMPD), marking a strategic pivot to focus on Bitcoin treasury operations. The company has significantly expanded its Bitcoin holdings, acquiring an additional 303.04 BTC for $35.6 million, bringing its total holdings to 3,803.23 BTC at an average purchase price of $117,706 per BTC.

The company has expanded its ATM equity sales program to access over $1 billion in capital. While transitioning to a digital asset focus, Empery Digital will maintain its e-power-sports business under the Empery Mobility brand, adopting an asset-light business model. The strategic shift reflects the company's belief in Bitcoin as a digital store of value and blockchain technology's transformative potential.

Volcon (NASDAQ:VLCN), soon to be renamed Empery Digital Inc., has expanded its Bitcoin holdings by acquiring 316.8 additional BTC for $37.3 million. The company now holds a total of 3,500.18 BTC purchased at an aggregate price of approximately $412 million, with an average cost basis of $117,683 per BTC.

The company has implemented a sophisticated acquisition strategy involving derivative sales to reduce BTC cost basis, including selling short-term put contracts with strike prices between $115,000-$118,000. Following a $500 million private placement, Volcon has partnered with Gemini as its custodian and digital assets service provider, moving its BTC holdings to segregated cold storage.

Volcon (NASDAQ: VLCN) has announced two major strategic initiatives. The company has established a significant Bitcoin treasury position, holding 3,183.37 BTC acquired at an average price of $117,697 per BTC, with a total investment of approximately $375 million.

Additionally, Volcon has expanded its share repurchase program authorization to $100 million over the next 24 months. The company has also implemented options strategies by selling put contracts at various strike prices ($115,000-$117,000) to potentially acquire more Bitcoin while collecting premium to reduce acquisition costs.

Volcon (NASDAQ:VLCN) has successfully closed a private placement raising over $500 million to launch its bitcoin treasury strategy. The company plans to allocate more than 95% of the proceeds to BTC acquisition and currently holds 280.14 BTC on its balance sheet.

The company will rebrand as Empery Digital, Inc. (NASDAQ:EMPD) and has partnered with Gemini for digital asset services. The private placement included participation from major crypto firms including FalconX, Pantera, Borderless, and Relayer Capital. The company has appointed new board members, including Ryan Lane as Co-CEO & Chairman, who will lead the treasury strategy.

The company's power sports business will be rebranded as Empery Mobility and transition to an asset-light model. Additionally, the company granted inducement stock options to three new executives with a $10.00 exercise price.

Volcon (NASDAQ:VLCN) has announced a significant strategic shift with a $500 million private placement to implement a Bitcoin treasury strategy. The company will sell 50,142,851 shares at $10.00 per share to institutional and accredited investors, with Empery Asset Management as lead investor.

The company plans to use 95% of the proceeds to acquire Bitcoin as its primary treasury reserve asset. As part of this transformation, Ryan Lane from Empery Asset Management has been appointed co-CEO and Chairman of the Board, alongside three new board members. Volcon has partnered with Gemini Nustar LLC to execute this Bitcoin strategy while maintaining its electric off-road power sports business under John Kim's leadership.

Volcon (NASDAQ:VLCN), an all-electric off-road powersports company, has announced a 1-for-8 reverse stock split effective June 11, 2025 at 11:59 pm ET. Trading under the same ticker VLCN but with a new CUSIP number 92864V608, the stock will begin trading on a post-split basis on June 12, 2025. The reverse split will reduce outstanding shares from approximately 4.3 million to 0.54 million, while maintaining 250 million authorized shares. The nominal par value remains at $0.00001 per share. Stockholders entitled to fractional shares due to holdings not evenly divisible by 8 will receive cash payments instead.