TechFlow News, April 1: According to a Business Wire report, Nasdaq-listed Bitcoin treasury company Empery Digital Inc. (ticker: EMPD) announced that it has fully repaid its outstanding term loan using proceeds from its recent registered direct offering and proceeds from the sale of a portion of its Bitcoin holdings.
Since March 27, 2026, the company has sold a total of 370 Bitcoins at an average price of approximately $66,632 per coin, generating roughly $24.7 million in gross proceeds. The company’s treasury currently holds 2,989 Bitcoins.
Ryan Lane, Co-CEO of the company, stated that this action aims to enhance financial flexibility amid the current high-volatility environment in the Bitcoin market. Regarding capital management strategy, the company’s management indicated it remains committed to increasing Bitcoin holdings per share and narrowing the gap between stock price and net asset value (NAV) through opportunistic share repurchases conducted below NAV. Management also noted that it may increase credit facility borrowings in the future and reduce Bitcoin holdings as needed to fund such repurchases.
