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Empery sells 1,400 Bitcoin for $87.1M to reduce debt and fund operations

Market News
11 Jul 2026
Crypto news
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Neutral
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Empery sold 1,400 Bitcoin between May and July for about $87.1 million, using the proceeds to repay debt, finance acquisitions, cover legal costs, and support operations. The company now holds 1,514 Bitcoin and $73.9 million in cash. This marks a shift from its previous strategy of accumulating Bitcoin, reflecting a focus on strengthening its balance sheet amid financial obligations. Other Bitcoin holders like Nakamoto and Capital B are taking different approaches, with Nakamoto refinancing debt and Capital B seeking new funding to expand holdings.

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