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Empery Digital sells $87M in Bitcoin to repay debt and fund operations

Market News
10 Jul 2026
Crypto Briefing
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Neutral
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Empery Digital, a Nasdaq-listed company, sold 1,400 Bitcoins since May 7, raising about $87.1 million at an average price of $62,200 per Bitcoin. This sale reduced their Bitcoin holdings to 1,514 BTC and increased cash reserves to $73.9 million as of July 10. The funds are being used to repay $10 million of debt, finance a property acquisition, cover legal costs from stockholder litigation, and support ongoing operations. This marks a shift from their previous Bitcoin treasury strategy, as the company had held over 4,018 BTC in August 2025 and had already sold some Bitcoin earlier in 2026.

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UBS Group AG's stake in Bang & Olufsen falls below 5%, now holding 4.85% as of July 8, 2026.

UBS Group AG's stake in Bang & Olufsen falls below 5%, now holding 4.85% as of July 8, 2026.

UBS Group AG has notified Bang & Olufsen A/S that its shareholding and voting rights have dropped below the 5% threshold, holding 4.85% as of July 8, 2026. This update is in accordance with the Danish Capital Markets Act, which requires disclosure wh...

Market News
Neutral
1 hour ago
Assassin’s Creed Black Flag Resynced sells 2 million copies on launch day with strong player and critic acclaim

Assassin’s Creed Black Flag Resynced sells 2 million copies on launch day with strong player and critic acclaim

Assassin’s Creed Black Flag Resynced, a remake of the 2013 original, sold 2 million copies on its first day, marking a strong launch for Ubisoft. The game achieved the highest concurrent player count ever for the franchise on Steam and topped Twitch ...

Market News
Bullish
1 hour ago
New agency VKNG Digital offers top-tier SEO and PPC services to Lancashire SMEs at affordable rates

New agency VKNG Digital offers top-tier SEO and PPC services to Lancashire SMEs at affordable rates

VKNG Digital, founded by marketing expert Dave Anderson, has launched to provide high-quality SEO and PPC strategies to small and medium-sized businesses in Lancashire. The agency aims to bridge the gap where smaller businesses often lack access to e...

Others
Neutral
1 hour ago
Ondo Global tokenizes SK Hynix shares on Nasdaq debut, enabling trading on three blockchains.

Ondo Global tokenizes SK Hynix shares on Nasdaq debut, enabling trading on three blockchains.

SK Hynix raised a record $26.5 billion in its Nasdaq debut, the largest US IPO by a foreign company. Ondo Global Markets immediately tokenized SK Hynix shares, allowing them to trade on Solana, Ethereum, and BNB Chain via LayerZero’s cross-chain tech...

Market News
Bullish
4 hours ago
Disney's live-action Moana remake faces harsh criticism and box office losses, sparking debate on AI's role in filmmaking.

Disney's live-action Moana remake faces harsh criticism and box office losses, sparking debate on AI's role in filmmaking.

Disney's live-action remake of Moana has been widely criticized for being a near shot-for-shot copy of the original animated film, leading to poor reviews and lowered box office projections. With a $250 million budget, the film risks significant fina...

Market News
Bearish
4 hours ago
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