TechFlow News, March 3: Empery Digital Inc. (NASDAQ: EMPD) confirmed today that it has received director nominations from ATG Capital Management and Tice P. Brown. The company explicitly stated that it has evaluated and rejected Mr. Brown’s proposal to immediately liquidate the entire Bitcoin portfolio, deeming it not in the best interests of all shareholders. Empery Digital emphasized that adherence to its current strategy has increased Bitcoin holdings per share by approximately 39%; adopting the liquidation proposal would deprive shareholders of potential gains from Bitcoin’s value appreciation.
The company will continue executing its low-cost, high-efficiency Bitcoin financial strategy—repurchasing shares trading below net asset value (NAV) to increase Bitcoin per share and narrow the NAV discount. The Board will present a formal recommendation at the upcoming 2026 Annual Shareholders’ Meeting.
Earlier reports indicated that shareholders of Bitcoin treasury company Empery Digital had publicly demanded the CEO’s resignation and full divestment of all BTC holdings.
