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Empery Digital (Nasdaq:EMPD) is a U.S.-listed electric vehicle company that produces high-performance electric vehicles such as the electric UTV (Utility Vehicle Off-Road), such as the Grunt EVO and Stag models. The company has established a Bitcoin treasury.
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Empery Digital sold 20 BTC last week, reducing its total Bitcoin holdings to 2,914 BTC.
According to Businesswire, Nasdaq-listed Bitcoin treasury company Empery Digital disclosed that it sold 20 bitcoins last week at an average price of $74,425, generating approximately $1.5 million in proceeds. Its total Bitcoin holdings have thus decreased to 2,914 bitcoins. Additionally, the company revealed that it has spent nearly $150 million to repurchase 26,244,657 shares of common stock to date. Going forward, it plans to continue selling Bitcoin as needed to fund future share repurchases and potentially repay some of its outstanding debt.
Empery Digital sold 55 BTC last week, reducing its total Bitcoin holdings to 2,934 BTC.
According to Businesswire, Empery Digital, a Nasdaq-listed Bitcoin treasury company, disclosed that it sold 55 bitcoins last week at an average price of $70,560, generating approximately $3.9 million in proceeds. Its total Bitcoin holdings have now declined to 2,934 bitcoins. Additionally, the company revealed that it has so far spent approximately $147 million to repurchase 25,805,396 shares of common stock. Going forward, it plans to continue selling Bitcoin as needed to fund future share repurchases and potentially repay some of its outstanding debt.