Emperi Digital sells 1,400 BTC for $87.1M since May

Nasdaq-listed Emperi Digital (EMPD), formerly Volcon, which has been strategically acquiring BTC, has sold 1,400 BTC since May 7 at an average price of $62,200, securing approximately $87.1 million, according to an SEC filing. The company used the proceeds to repay $10 million in debt and plans to allocate the remaining funds toward AI data center real estate investments, legal fees related to shareholder lawsuits, and operating capital. Emperi Digital currently holds 1,514 BTC and approximately $73.9 million in cash.