Empery Digital Abandons Bitcoin Accumulation Strategy to Fund AI Data Center Pivot

Empery Digital is liquidating a significant portion of its cryptocurrency holdings to pivot toward artificial intelligence infrastructure, marking a strategic departure from the digital asset treasury model that defined its market entry.

The company announced Friday it sold 1,400 Bitcoin at a price of $62,200 per token. The transaction generated $87.1 million in proceeds, a portion of which is earmarked for a $65 million acquisition of a 25% stake in a Midwest facility. According to company filings, the site is slated for conversion into an AI data center.

This shift follows a period of extreme volatility for firms that emerged during the 2025 SPAC deals frenzy. Many of these entities, which focused on holding digital assets on their balance sheets, have seen valuations plummet by more than 90% from their peaks. The current liquidation by Empery Digital may signal a broader bottoming process for the sector as companies offload assets acquired during the height of the market.

“Going forward, we plan to continue to allocate capital to similar hyperscaler-anchored opportunities,” said co-CEO Ryan Lane. The move reflects a broader industry trend where former crypto-centric firms are repurposing high-power electrical infrastructure for machine learning workloads. The U.S. Department of Energy has noted that data centers now account for a significant and growing share of domestic electricity consumption, incentivizing firms with existing power access to transition toward AI.

Empery Digital confirmed it has no plans to accumulate further bitcoin and may sell more of its remaining 1,514 tokens to fund future infrastructure projects.