Empery Digital invested $20 million in Cardinal Data Power's $70M Series A, securing an 8% stake to support a 750MW West Texas data center for AI. This move aligns with Empery's pivot from its Bitcoin treasury strategy, having sold 1,400 BTC for $87.1M amid shareholder pressure, to fund AI infrastructure and repay debt.
Empery Digital's shares rose after selling 1,400 Bitcoin for $87.1 million to fund an AI data center project and repay debt. The move signals a shift as investor confidence in Bitcoin treasury strategies wanes.
Empery Digital's shares rose after the company sold nearly half its Bitcoin holdings for $87.1 million to fund an AI data center project and repay debt. The move suggests a shift in investor confidence from Bitcoin treasury strategies to AI.
Empery Digital's shares rose after selling 1,400 Bitcoin for $87.1 million to fund a 25% stake in an AI data center venture and repay debt. The sale reduced holdings by 48%, with investors viewing the move favorably amid fading confidence in Bitcoin treasury strategies.
Empery Digital, elindeki Bitcoin'lerin önemli bir bölümünü satarak yaklaşık 87.1 milyon dolar gelir elde etti. Elde edilen gelirin bir kısmı borç ödemesinde kullanılırken, kalan miktar gayrimenkul alımı, dava masrafları ve şirket giderlerinde kullanılacak. Şirket ayrıca yapay zeka alanına yönelme kararı aldı.
