Empery Digital Inc. has significantly increased its bitcoin portfolio through the acquisition of 110 bitcoins for $12.6 million.
The purchase brings the company’s total bitcoin holdings to 3,913.23 BTC, with an average acquisition price of $117,629 per bitcoin. Cumulatively, Empery Digital has invested approximately $460 million in bitcoin assets since its initial acquisitions.
Following the announcement, Empery Digital’s stock (EMPD) surged 6.97% in pre-market trading, reaching $10.43 per share. This strategic acquisition underscores the company’s commitment to long-term digital asset investment and aligns with growing institutional cryptocurrency adoption trends.