Empery Digital has cut its unrestricted Bitcoin holdings by 76% after selling 1,635 Bitcoin for $102.2 million between July 1 and August 6, according to an August 7 SEC filing. The company's total Bitcoin holdings now stand at 1,279 BTC, with 954 BTC pledged to a lender. This sharp reduction in Empery's Bitcoin treasury follows the company's sale of 1,167 BTC for $80.1 million during the first half of 2026, which resulted in a $56.8 million realized loss.
Bitcoin Sales and Holdings
Empery Digital's Bitcoin sales are part of a broader capital allocation plan, which includes debt repayment, share repurchases, and new infrastructure investments. The company has repurchased 26.24 million shares for $149.7 million and repaid $20 million under its master loan arrangement, reducing outstanding borrowings from $55 million to $35 million.
Expansion Beyond Bitcoin Treasury
Empery is also expanding beyond its Bitcoin treasury strategy through its EMHU venture with TexStack Infrastructure, which aims to acquire a $230 million property in the Midwest and convert it into an AI data center. The company has contributed $2.9 million and committed another $62.1 million to the project, which is expected to close in the third quarter.
Future Plans
Empery's management believes that its current cash, operations, borrowing, and potential Bitcoin sales will be sufficient to fund planned operations beyond one year. However, the company's unrestricted Bitcoin cushion has narrowed to 325 BTC, and any further Bitcoin disposal would require another company decision.
