Empery Digital sells 370 BTC to finance buyback of 24.64 million shares
Empery Digital Inc., which is listed on Nasdaq, provided an update on its share repurchase program on April 6. The company said that as of April 3, 2026, it had bought back 24,640,671 common shares under its $200 million authorization at an average price of $5.77 per share.
To support the program, Empery Digital sold 370 bitcoins during the week ended April 3 at an average price of $66,632, raising about $24.7 million. The company said it currently holds 2,989 BTC in reserve.
Management reiterated that it intends to continue repurchasing shares when they trade below net asset value (NAV) to optimize its capital structure. It added that future repurchases may be funded through additional credit financing or a limited reduction of its Bitcoin holdings, aiming to improve its "Bitcoin per share" metric and narrow the discount between the stock price and NAV.