Empery Digital Sells Common Stock to Raise $25 Million, Sold 63 BTC Last Week

BTC3,74%

Gate News reports that on March 23, Nasdaq-listed Bitcoin treasury company Empery Digital announced the sale of 4,638,219 common shares at a price of $5.39 per share, raising $25 million. In addition, the company sold 4,638,219 warrants to purchase common shares, valid for four years from the date of issuance. The new funds are intended to repay repurchase loans. Empery Digital also disclosed that last week, it sold 63 bitcoins at an average price of $72,791, bringing its total holdings to approximately 3,439 bitcoins.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments