Bitcoin treasury company Empery Digital sold about half of BTC stack
Empery Digital has sold approximately half of its Bitcoin holdings to fund a pivot toward AI data center infrastructure. This move reflects a broader trend of digital asset treasury companies divesting from crypto to pursue hyperscaler-anchored business opportunities.
Why it matters
The shift highlights the cooling of the 2025 crypto-treasury trend and the increasing capital allocation toward AI-related physical infrastructure.
Earlier in July, the company said it would need $65 million to close its 25% ownership in a group acquiring a Midwest facility to be converted into an AI data center.
Empery was among the hastily formed SPAC deals during the 2025 digital asset treasury company frenzy. The results for the group haven't been pretty, with most seeing share prices collapse by 90% or more from the 2025 highs.
In what could be part of the bottoming process for bitcoin and crypto, a growing group of these companies has become sellers of the digital assets they acquired in 2025.
Empery continues to hold 1,514 bitcoin but said it has no plans to accumulate more and may sell additional BTC to fund other opportunities.
"Going forward, we plan to continue to allocate capital to similar hyperscaler-anchored opportunities," said co-CEO Ryan Lane.
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