Empery Digital shares rose after the company said it sold 1,400 Bitcoin over roughly the past two months at an average price of $62,200, raising about $87.1 million, according to an 8-K filing with the U.S. Securities and Exchange Commission. The company said it used the proceeds to fund a 25% stake in a venture tied to an AI data center project and to repay $10 million of outstanding debt. The sale cut Empery’s Bitcoin holdings by 48% to 1,514 BTC, which it valued at around $97 million based on prevailing market prices.

Citadel Securities said the Federal Reserve could restart rate hikes as early as September 2026, citing inflation that remains above target, a strong labor market, and AI-driven capital spending that could add demand pressure. May CPI rose to 4.2% and PPI climbed to 6.5%, while a larger share of core CPI components is now posting annual gains above 3%. Markets have lifted the implied probability of a Fed hike before July 2027 to 60%, according to Kalshi data. The firm said the shift in macro expectations weighs on long-duration asset pricing but does not amount to an immediate trading signal tied to specific stocks or commodities.