Bitcoin treasury company Empery Digital sold approximately half its bitcoin holdings on July 11, 2026, generating $87.1 million to fund a stake in a Midwest artificial intelligence data center acquisition.
The company sold 1,400 bitcoin at $62,200 per coin, according to the announcement. Empery Digital retains 1,514 bitcoin following the transaction. The proceeds will support the company’s acquisition of a 25% ownership stake in a group purchasing a Midwest facility slated for conversion into an AI data center.
Ryan Lane, co-CEO of Empery Digital, said the company intends to continue deploying capital into similar opportunities. “Going forward, we plan to continue to allocate capital to similar hyperscaler-anchored opportunities,” Lane stated.
Strategic Pivot From Bitcoin Accumulation
Empery Digital was formed as a special-purpose acquisition company deal during the 2025 digital asset treasury company wave. The sale marks a departure from the bitcoin accumulation strategy that defined the cohort’s initial positioning.
The company had previously stated it needed $65 million to close the facility acquisition. The $87.1 million in proceeds exceeds that target, providing additional capital for future deployments.
Empery Digital has no plans to accumulate more bitcoin and may sell additional coins to fund other opportunities, according to the announcement.
Broader Shift Among Treasury Companies
Most bitcoin treasury companies formed during the 2025 SPAC frenzy have experienced sharp share price declines. Companies in the cohort have seen valuations collapse by 90% or more from 2025 highs.
A growing group of treasury companies that acquired digital assets in 2025 has begun selling those holdings. Empery Digital’s transaction reflects this broader repositioning within the sector as companies seek new capital deployment strategies.
