Major Empery shareholder urges sale of all company's BTC
February 24, 2026, 9:44 AM
A major shareholder of Empery Digital (EMPD), a Nasdaq-listed company formerly known as Volcon that has been strategically acquiring Bitcoin, is urging the firm to sell its entire BTC holdings.
Tice P. Brown, who holds a 9% stake in Empery, made the demand in a letter to the company's board of directors. Brown stated that he had rejected an offer from management to acquire all of his shares, describing it as an insulting proposal that prioritized management's self-interest over shareholder value. He is now calling for the immediate resignation of the CEO, the replacement of the entire board, the sale of all company-held BTC, and the return of the proceeds to shareholders.
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