Empery Digital monetizes BTC to raise $87.1 million

Empery Digital Inc. reported that since May 7, 2026 it sold 1,400 BTC at an average price of $62,200 per BTC, generating about $87.1 million in gross proceeds.

Rhea-AI Filing Summary

Empery Digital Inc. reported that since May 7, 2026 it sold 1,400 BTC at an average price of $62,200 per BTC, generating about $87.1 million in gross proceeds. The company used these proceeds to repay $10 million of outstanding debt on July 7, 2026, to generate cash to fund a previously announced property acquisition once the Purchase and Sale Agreement is consummated, and to provide cash for elevated legal expenses related to ongoing stockholder litigation and for general operations. As of July 10, 2026, Empery Digital held 1,514 BTC, about $73.9 million of cash in its treasury, and had $45 million outstanding on its debt facility.

Insights

Crypto treasury and capital structure analyst

Large BTC sale reshapes Empery Digital’s liquidity and modestly reduces debt.

Empery Digital sold 1,400 BTC at an average of $62,200 per BTC, raising roughly $87.1 million. This indicates an active approach to monetizing its Bitcoin holdings to meet funding needs rather than relying solely on traditional financing.

The company used $10 million of proceeds to repay outstanding debt and plans to allocate additional funds to a property acquisition once the Purchase and Sale Agreement is consummated. Remaining proceeds are earmarked for elevated legal expenses tied to stockholder litigation and ongoing operations, showing that current obligations are influencing treasury decisions.

After these actions, Empery Digital reports holding 1,514 BTC, about $73.9 million of cash, and $45 million outstanding on its debt facility as of July 10, 2026. This updated mix of crypto, cash, and debt provides a snapshot of balance-sheet flexibility and exposure to future Bitcoin price movements.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

BTC sold: 1,400 BTC Average BTC sale price: $62,200 per BTC Gross proceeds from BTC sales: $87.1 million +4 more

7 metrics

BTC sold 1,400 BTC Since May 7, 2026, BTC sold by the company

Average BTC sale price $62,200 per BTC Average price realized on 1,400 BTC sold

Gross proceeds from BTC sales $87.1 million Gross proceeds generated from selling 1,400 BTC

Debt repaid $10 million Outstanding debt repaid on July 7, 2026 using BTC proceeds

BTC holdings 1,514 BTC BTC held in treasury as of July 10, 2026

Cash balance $73.9 million Cash in treasury as of July 10, 2026

Debt outstanding $45 million Amount outstanding on debt facility as of July 10, 2026

Key Terms

gross proceeds, treasury, stockholder litigation, debt facility, +1 more

5 terms

gross proceeds financial

"sold 1,400 BTC for an average price of $62,200 per BTC, generating approximately $87.1 million of gross proceeds"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

treasury financial

"the Company held 1,514 BTC and approximately $73.9 million of cash in its treasury"

The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.

stockholder litigation regulatory

"elevated legal expenses associated with the ongoing defense of the stockholder litigation"

debt facility financial

"has $45 million outstanding on its debt facility"

A debt facility is a formal arrangement that lets a company borrow money from a bank or group of lenders under agreed terms, such as a one-time loan, a revolving credit line, or other financed options—think of it as a business’s mortgage or credit card with set rules. Investors care because it affects how much cash a company has for operations and growth, how much interest and risk it carries, and whether loan terms could limit dividends, share buybacks, or trigger default if financial targets aren’t met.

Purchase and Sale Agreement regulatory

"fund the previously announced Property Acquisition once the Purchase and Sale Agreement is consummated"

A purchase and sale agreement is a legally binding contract that spells out exactly what is being bought or sold, the price, who must do what, the timeline, and any conditions that must be met before the deal closes — like a detailed recipe and checklist for a transaction. Investors care because this document determines when ownership or assets change hands, what risks or obligations remain, and which conditions (financing, approvals, inspections) could delay, alter, or void the deal and therefore affect a company’s value and stock price.

FAQ

What Bitcoin did Empery Digital (EMPD) sell and for how much?

Empery Digital sold 1,400 BTC since May 7, 2026 at an average price of $62,200 per BTC, generating approximately $87.1 million in gross proceeds to support several funding needs.

How did Empery Digital (EMPD) use the $87.1 million of BTC sale proceeds?

Empery Digital used the proceeds to repay $10 million of debt, to provide cash for a planned property acquisition, and to fund elevated legal expenses related to stockholder litigation, as well as ongoing operations.

What are Empery Digital’s (EMPD) Bitcoin and cash holdings now?

As of July 10, 2026, Empery Digital held 1,514 BTC and approximately $73.9 million of cash in its treasury, reflecting its updated mix of digital assets and liquidity following recent BTC sales.

How much debt does Empery Digital (EMPD) have outstanding after the repayment?

Following the $10 million repayment made on July 7, 2026, Empery Digital reports having $45 million outstanding on its debt facility, funded in part by recent Bitcoin sale proceeds.

Why did Empery Digital (EMPD) raise cash from Bitcoin sales?

Empery Digital raised cash from Bitcoin sales to repay debt, help fund a previously announced property acquisition once consummated, and cover legal expenses from ongoing stockholder litigation, along with general operational needs.

What litigation expenses is Empery Digital (EMPD) addressing with BTC sale proceeds?

The company plans to use part of the BTC sale proceeds to pay for elevated legal expenses tied to ongoing stockholder litigation described in its Form 10-Q for the quarter ending March 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/10/2026 - 08:00 AM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

__________________________

FORM 8-K

__________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 10, 2026 (July 10. 2026)

__________________________

Empery Digital Inc.

(Exact Name of Registrant as Specified in its Charter)

__________________________

Delaware	001-40867	84-4882689
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

2512 W Pecan St, Unit 230

Pflugerville, TX 78660

(Address of principal executive offices and zip code)

(512) 400-4271

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.00001 per share		EMPD		NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

Since May 7, 2026, Empery Digital Inc. (the “Company”) has sold 1,400 BTC for an average price of $62,200 per BTC, generating approximately $87.1 million of gross proceeds. These proceeds were used to (i) repay $10 million of the Company’s outstanding debt on July 7, 2026, (ii) generate cash to fund the previously announced Property Acquisition once the Purchase and Sale Agreement is consummated, and (iii) generate cash that will be used to pay for elevated legal expenses associated with the ongoing defense of the stockholder litigation as outlined in our quarterly report on Form 10-Q for the quarter ending March 31, 2026, as well as ongoing operations. As of July 10, 2026, the Company held 1,514 BTC and approximately $73.9 million of cash in its treasury and has $45 million outstanding on its debt facility.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Empery Digital Inc.
	By:		/s/ Greg Endo
	Name:		Greg Endo
	Title:		Chief Financial Officer

Date: July 10, 2026

2

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB