Empery Digital Sells 370 Bitcoins to Fund Share Buyback of Over 24.6 Million Shares

AirdropBlackHole · 2026-04-06T20:24:17+00:00

Empery Digital Inc. has repurchased 24.6 million shares under its $200 million buyback plan and sold 370 bitcoins for $24.7 million. The company aims to optimize its capital structure and enhance per share metrics while narrowing the stock price discount to NAV.

AirdropBlackHole

2026-04-06 20:24:17

Abstract generation in progress

On April 6, Nasdaq-listed Empery Digital Inc. announced its share buyback progress. As of April 3, 2026, the company has repurchased a total of 24,640,671 shares of common stock under its $200 million buyback plan, with an average repurchase price of $5.77 per share. On the asset side, the company sold 370 bitcoins during the week ending April 3, at an average price of $66,632, raising approximately $24.7 million in funds. The company currently holds 2,989 BTC as reserves. Empery Digital stated that it will continue to optimize its capital structure through a buyback strategy below net asset value (NAV) and may provide funding for subsequent buybacks by increasing credit financing or moderately reducing its bitcoin holdings, aiming to enhance the ‘per share bitcoin’ metric and narrow the discount between its stock price and NAV.

BTC-0.23%

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