Empery Digital reduced its holdings by 60 bitcoins last week for stock buybacks, bringing its total holdings down to 3,502 bitcoins.
Odaily reported that Empery Digital, a Nasdaq-listed bitcoin treasury company, disclosed that last week it reduced its holdings by 60 bitcoins at an average price of $70,534, bringing its total bitcoin holdings down to 3,502. Additionally, the company revealed that it has spent approximately $127 millions to repurchase more than 212,910 shares of common stock to date. Going forward, the company will continue to sell bitcoin as needed to fund future stock repurchases and may also repay some outstanding debt. (Businesswire)
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