Bitcoin treasury company Empery Digital sold about half of its BTC stack
CoinDesk·
60-second summary
Empery Digital, a bitcoin treasury company, is selling about half of its BTC stack, a significant move indicating a shift in focus. The company is abandoning its bitcoin treasury ambitions and instead investing in AI data centers. This decision marks a departure from the industry's traditional focus on cryptocurrency and highlights growing interest in emerging technologies.
It's a sign of the times as the troubled company swaps its bitcoin treasury ambitions for AI data centers.