Bitcoin News Today: Empery Digital Buys 3183 BTC for $375M Shares Drop 4 44 as Bitcoin Falls 0 54

Volcon, now rebranded as Empery Digital Inc., has acquired 3,183.37 Bitcoin (BTC) for approximately $375 million, marking a strategic transition from its electric vehicle (EV) roots to a digital-asset-focused entity. The purchase, announced on July 25, 2025, reflects an average acquisition price of $117,697 per BTC. This move positions Bitcoin as a core component of the firm’s treasury, aligning with corporate strategies pioneered by companies like MicroStrategy. The acquisition was funded through a $500 million private placement, with 95% of the capital allocated to Bitcoin. To mitigate volatility, the company has also sold short-term put options, aiming to generate premium income while securing future BTC purchases at lower prices [1].

The rebranding and asset reallocation signal a long-term commitment to digital assets, led by Co-CEO and Chairman Ryan Lane, who emphasized Bitcoin’s role as a reserve asset. The firm has further launched a $100 million stock repurchase program over two years, designed to reduce shares outstanding and enhance Bitcoin per share value. This dual strategy—expanding crypto holdings and repurchasing equity—mirrors approaches by other crypto-focused firms aiming to position their stocks as indirect Bitcoin proxies. However, market reactions have been mixed: Bitcoin dipped 0.54% following the announcement, while Volcon’s shares fell 4.44%, reflecting investor caution amid regulatory uncertainties and macroeconomic volatility [3].

The move underscores growing institutional confidence in Bitcoin’s inflation-hedging potential and capital appreciation prospects. Analysts note that the success of Volcon’s strategy hinges on macroeconomic stability and regulatory clarity, as the firm navigates a dynamic crypto landscape. While the company currently holds no alternative cryptocurrencies, its focus on Bitcoin aligns with broader industry trends of institutional adoption. The use of cost-averaging tactics through put options highlights risk mitigation efforts, though execution will be critical to maintaining stakeholder trust [2].

Critically, Volcon’s transformation raises questions about balancing aggressive crypto investments with corporate governance. As regulatory frameworks for digital assets evolve globally, the firm’s ability to adapt without compromising financial stability will determine the sustainability of its new trajectory. The acquisition of 3,183 BTC represents a high-conviction bet in an asset class still grappling with volatility and scrutiny. Yet, the move also reflects a broader shift in corporate treasury strategies, positioning Bitcoin as a strategic asset in institutional portfolios.

Sources:

[1] [Volcon Expands Bitcoin Bet and Launches $100M Buyback] https://coinmarketcap.com/community/articles/68843315e05dea66bbce075d/

[2] [Volcon Initiates Bitcoin Treasury Program] https://www.msn.com/en-us/money/cryptocurrencies?id=c2111

[3] [Volcon Bitcoin Holdings and Put Options] https://twitter.com/Crypto_Bureau_