Cryptobull: Bullish on BTC at 30k, 70k, 100k; now targeting 130k. Bullish on ETH at 1800, 4k, and targeting 9k. Bullish on Alts, next targeting $Mav.

Cryptobull: Bullish on BTC at 30k, 70k, 100k; now targeting 130k. Bullish on ETH at 1800, 4k, and targeting 9k. Bullish on Alts, next targeting $Mav.

Empery Digital has significantly expanded its Bitcoin holdings, acquiring an additional 110 BTC valued at $12.6 million. This latest purchase elevates the company’s total Bitcoin balance to 3,913.23 BTC as of August 3, 2025, with an average purchase price of approximately $117,629 per BTC [1]. The move aligns with the company’s broader Bitcoin treasury strategy, positioning it as a forward-thinking entity in the institutional adoption of digital assets.

This acquisition is not an isolated event. Earlier in July 2025, Empery Digital had committed to a $54 million Bitcoin purchase amid a broader market downturn. As of August 4, 2025, the firm had spent a total of $1.78 billion on Bitcoin, underscoring its aggressive accumulation approach [2]. The company, previously known as Volcon Inc., rebranded in early 2025 and launched a $100 million share buyback program alongside its Bitcoin treasury initiative [3]. Under the new identity, Empery Digital has already acquired over 3,500 BTC through strategic purchases, including a prior acquisition that raised its holdings to 685.1 BTC [4].

The firm’s management has consistently emphasized Bitcoin’s role as a strategic reserve asset and a core element of its capital allocation strategy. This stance reflects broader trends in the crypto market, where Bitcoin is increasingly viewed as a hedge against inflation, a diversification tool, and a potential store of value. The company’s approach contrasts with that of other major Bitcoin holders, such as MicroStrategy, which reported holding 628,791 BTC at an average cost of $73,277 as of August 2, 2025 [7]. Empery Digital’s higher average purchase price highlights its strategy of acquiring BTC at elevated levels, a decision that could prove advantageous if the asset’s price continues to appreciate.

Despite the recent $12.6 million BTC purchase, Empery Digital’s Purchase of Investment data for the three months ending in March 2025 reported $0.00 million in investment purchases [8]. This discrepancy has raised questions about how the latest acquisition fits into the firm’s broader financial reporting. Nevertheless, management remains confident in the long-term value of Bitcoin as a store of value and a hedge against macroeconomic uncertainties.

The company’s BTC accumulation has coincided with a broader institutional appetite for Bitcoin, with spot Bitcoin ETFs attracting $2.9 billion in inflows over a two-week period in late July [5]. Analysts are closely watching Empery Digital’s strategy as a potential indicator of institutional sentiment. Some suggest that Bitcoin could retest the $130,000–$133,000 range by the end of the month, based on technical indicators and ETF inflow patterns [6]. However, market sentiment has been tempered by concerns over potential U.S. tariff policies, adding a layer of uncertainty to the outlook.

Cryptobull, a prominent cryptocurrency analyst, has recently expressed bullish sentiments on Bitcoin, Ethereum, and altcoins. The analyst targets a 130k BTC price, a 9k ETH price, and a 100k BTC price, reflecting the current market trends and potential future growth [9]. Cryptobull also predicts a 70% gain for Alpine and recommends buying Ethereum with a 2x target of $9,000, based on the current momentum and the potential for Ethereum to maintain its position above $4,000 and establish a new price floor for the asset class [10].

Empery Digital’s bold and strategic approach to Bitcoin accumulation reflects a growing trend among corporations to embrace digital assets as part of their financial planning. As more companies consider similar strategies, Empery Digital’s journey offers a compelling case study in institutional Bitcoin adoption.

References:
[1] Empery Digital acquires 110 additional BTC; Shares up ... (https://seekingalpha.com/news/4477206-empery-digital-acquires-110-additional-btc-shares-up-over-6)
[2] Slides 7.15% Despite $54M Bitcoin Buy Amid Market Dip (https://coincentral.com/metaplanet-inc-3350-t-stock-slides-7-15-despite-54m-bitcoin-buy-amid-market-dip/)
[3] Cryptocurrency News (https://www.investing.com/news/cryptocurrency-news/3)
[4] Crypto Short News – Latest Real-Time Updates (https://coinpedia.org/crypto-live-news/)
[5] Behind the $9.6 billion sell-off by Bitcoin whales (https://www.chaincatcher.com/en/article/2195143)
[6] Bitcoin Dips Below $115K Amid Tariff Jitters—Seasoned ... (https://coincentral.com/bitcoin-dips-below-115k-amid-tariff-jitters-seasoned-investors-turn-to-btc-miners-stable-7-usd-returns/)
[7] Bitcoin News Today: MicroStrategy Holds ... (https://www.ainvest.com/news/bitcoin-news-today-microstrategy-holds-628-791-bitcoins-averaging-73-277-2508/)
[8] EMPD (Empery Digital) Purchase Of Investment (https://www.gurufocus.com/term/purchase-of-investment/EMPD)
[9] Cryptobull: Bullish on BTC at 30k, 70k, 100k; now targeting 130k. Bullish on ETH at 1800, 4k, and targeting 9k. Bullish on Alts, next targeting $Mav. (https://www.cryptobull.com/news/bullish-on-btc-eth-and-alts/)
[10] Cryptobull predicts 70% gain for $Alpine and recommends buying $Eth with 2x target of $9k. (https://www.ainvest.com/news/cryptobull-predicts-70-gain-alpine-recommends-buying-eth-2x-target-9k-2508/)