Empery Digital has sold a portion of its Bitcoin holdings to finance a new artificial intelligence data center project, according to CoinTelegraph. This strategic move has positively impacted the company’s share price.
Months prior to the sale, a major shareholder had called for Empery Digital to abandon its Bitcoin treasury strategy and demanded the resignation of the CEO and board, highlighting internal disagreements over the company’s crypto approach, CoinTelegraph reported.
For Japanese investors, this development underscores the evolving role of cryptocurrency assets within technology firms’ capital allocation strategies, particularly as AI investments gain prominence in the market.