Bitcoin News Today: Empery Digital Adds 110 Bitcoin to Holdings in $12.6M Purchase

Generado por agente de IACoin World
lunes, 4 de agosto de 2025, 8:55 am ET1 min de lectura
EMPD--

Empery Digital Inc. (NASDAQ: EMPD) has announced the acquisition of an additional 110 Bitcoin (BTC) at a total cost of $12.6 million [1]. This purchase brings the company’s total Bitcoin holdings to 3,913.23 BTC, with a total purchase cost of approximately $460 million and an average purchase price of $117,629 per Bitcoin [2]. The company disclosed the transaction through a press release on July 14, 2025, which was distributed via Business Wire [3].

The acquisition appears to be part of a broader strategy by Empery DigitalEMPD-- to build and maintain a significant Bitcoin reserve. The company has previously demonstrated a long-term commitment to digital assets and has positioned itself as an active participant in the cryptocurrency market. The latest purchase was executed at a price point that may have been favorable relative to broader market volatility, although the company did not provide further commentary on market timing or strategic rationale in its official announcement [1].

The increased Bitcoin holdings reinforce Empery Digital’s profile as a digital asset-focused entity with a growing portfolio. While the company has not integrated Bitcoin into its operations or provided forecasts regarding returns, the transaction should be viewed primarily as a capital allocation decision [1]. The lack of additional context or projected outcomes suggests that the move is being treated as a long-term investment rather than a short-term speculative play.

Currently, EMPD is up 6.97% in pre-market trading, with shares trading at $10.43 [2]. The movement appears to reflect investor optimism around the company’s continued accumulation of Bitcoin, though no direct correlation between the price movement and the specific transaction has been explicitly stated.

Source:

[1] https://www.gurufocus.com/news/3030772/empery-digital-acquires-110-additional-btc-and-now-holds-over-3913-btc-empd-stock-news

[3] https://www.businesswire.com/newsroom/industry/technology

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