Empery Digital Resumes Share Buybacks Amid $65M Data Center Plan
Photo: TokenPost
Empery Digital Inc. resumed share repurchases in the week ended Oct. 23, buying 122,955 shares as a lease remains pending for its planned $65 million Midwest AI data center investment. The Nasdaq-listed Bitcoin treasury company paid an average of $2.89 per share. About $50 million remained under its $200 million buyback authorization as of Oct. 23. At that date, Empery held 1,018 Bitcoin (BTC), about $70 million in cash and about $35 million in debt. Empery agreed in June to invest $65 million for a 25% stake in a private entity acquiring the data center property.
Source: TokenPost
