TechFlow reports that on March 23, Empery Digital, a Nasdaq-listed Bitcoin treasury company, announced the sale of 4,638,219 shares of common stock at $5.39 per share, raising $25 million. Additionally, the company sold 4,638,219 warrants to purchase common stock, each exercisable for four years from the date of issuance. The new funds will be used to repay a repurchase loan. Empery Digital also disclosed that it sold 63 bitcoins last week at an average price of $72,791, reducing its total bitcoin holdings to approximately 3,439 bitcoins.
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