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Home›Crypto›Market Structure›Empery Digital offloads 1,400 bitcoins to fund an AI p…

Empery Digital offloads 1,400 bitcoins to fund an AI pivot

The Block reports the proceeds are also being used to repay debt and to take a 25% stake in an AI data center campus project.

Reported · Written up by our desk · Market Structure

Empery Digital sold 1,400 bitcoins as part of a funding plan tied to its shift toward artificial intelligence, according to The Block.

The outlet said the company plans to use part of the sale proceeds to take a 25% stake in an AI data center campus project.

The Block also reported that Empery Digital intends to use proceeds to help pay down its debt as it pursues the AI pivot.

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Sources

The BlockEmpery Digital offloads 1,400 bitcoins to help fund AI pivot, pay debt

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