Empery has sold 1,400 Bitcoin for about $87.1 million since May, using the proceeds to reduce debt, fund acquisitions, cover legal costs, and strengthen its cash position while scaling back part of its Bitcoin treasury. According to Empery, the Nasdaq-listed company sold the 1,400 BTC between May 7 and July 10 at an average price of $62,200 per Bitcoin. The company has repaid $10 million of outstanding debt on July 7, leaving about $45 million remaining under its debt facility.
Debt Repayment
The latest disposal follows an earlier round of Bitcoin sales this year, with Empery selling 722 BTC for approximately $50 million between Jan. 1 and March 25, 2026.
Bitcoin Holdings
Empery’s decision to sell Bitcoin stands in contrast with its accumulation strategy announced last year, and the company now holds 1,514 BTC and roughly $73.9 million in cash as of July 10. Other publicly traded Bitcoin holders, such as Nakamoto Inc. and Capital B, are taking different approaches to managing their Bitcoin treasuries, with Nakamoto reducing debt by selling Bitcoin and Capital B seeking additional funding to expand its holdings.
Based on reporting from crypto.news.
