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- Buyback Progress: Empery Digital has repurchased 23.63 million shares of common stock under its $200 million share repurchase program, with an average purchase price of $5.83 per share, reflecting the company's confidence in its stock value.
- Share Count Update: Following these repurchases, the total number of shares outstanding has decreased to 32.43 million, factoring in the potential exercise of 2.69 million pre-funded warrants, which enhances the potential for earnings per share.
- Bitcoin Sales Revenue: During the week ending March 27, 2026, the company sold 79 BTC at an average price of $71,031 per BTC, generating approximately $5.6 million in gross proceeds, which were used to fund share repurchases and bolster the company's cash position.
- Bitcoin Holdings: Empery Digital currently holds 3,359 BTC in its treasury, indicating the company's ongoing investment in the cryptocurrency market and potential for value appreciation.
- Repurchase Program Update: As of March 27, 2026, Empery Digital has repurchased 23,630,147 shares of common stock at an average price of $5.83 per share under its $200 million repurchase program, reflecting the company's proactive approach to enhancing per-share value and closing the NAV gap.
- Bitcoin Sales Revenue: During the week ending March 27, 2026, the company sold 79 BTC at an average price of $71,031 per BTC, generating approximately $5.6 million in gross proceeds, which were utilized for share repurchases and to bolster the company's cash position.
- Strong Cash Position: The company currently holds 3,359 BTC, and management asserts that it has adequate cash to execute share repurchases while maintaining appropriate leverage ratios, indicating financial stability and flexibility.
- Future Strategic Direction: Management intends to leverage existing cash balances and reduce bitcoin holdings as necessary to fund future share repurchases and repay portions of outstanding borrowings, demonstrating the company's commitment to long-term shareholder value.
- Invalid Nominations: Empery Digital's board unanimously determined that the nomination notices from ATG Capital and Tice P. Brown do not meet the company's bylaws, rendering their nominations invalid and impacting corporate governance.
- Annual Meeting Announcement: The company will announce the date for the 2026 annual meeting and file proxy materials with the U.S. Securities and Exchange Commission in due course, ensuring compliance and transparency.
- Legal Compliance Review: With legal counsel's assistance, the board found that the nomination notices failed to comply with Section 2.5 of the bylaws and were submitted at the end of the nomination window, leaving insufficient time for review and affecting shareholders' nomination rights.
- Market Reaction: Following the announcement, Empery Digital's shares fell 5%, reflecting market concerns over governance issues, with a total decline of 4% in 2026, indicating a cautious investor sentiment.

Event Announcement: The article discusses the upcoming annual meeting for 2026, focusing on the nomination of candidates.
Organizational Context: It highlights the role of the organization, Empire Digital Inc., in facilitating this meeting and the importance of candidate nominations.
- Capital Raise Overview: Empery Digital has entered into an agreement with an existing institutional investor to sell 4,638,219 shares of common stock and accompanying warrants at a price of $5.39 per share, representing a 3% premium to NAV, reflecting strong shareholder confidence in the company's long-term value creation.
- Debt Reduction Commitment: The company intends to use the net proceeds from this offering, along with cash on hand, to reduce outstanding debt by approximately $40 million, including full repayment of a $50 million repo facility and an incremental drawdown of $10 million on a $100 million credit facility, thereby optimizing its balance sheet and decreasing the discount to NAV.
- Share Repurchase Progress: As of March 20, 2026, the company has repurchased approximately 22.4 million shares under its $200 million repurchase program at an average price of $5.92 per share, resulting in a current outstanding share count of 33,706,370, demonstrating confidence in its stock value.
- Bitcoin Sales Proceeds: During the week ending March 20, 2026, the company sold 63 BTC at an average price of $72,791 per BTC, generating approximately $4.6 million in proceeds, which were used to fund share repurchases, further strengthening the company's capital structure.
- Funding Initiative: Empery Digital announced a registered direct offering to raise approximately $25 million from an existing institutional investor, planning to sell about 4.64 million shares at a unit price of $5.39, representing 103% of net asset value at signing.
- Debt Reduction Strategy: The company intends to use the proceeds along with cash on hand to reduce outstanding debt by about $40 million, including repaying a $50 million repo facility, aiming to improve its financial health and lower financing costs.
- Share Buyback Progress: As of March 20, Empery Digital has repurchased approximately 22.4 million shares under its $200 million buyback program, reflecting the company's confidence in its stock value and commitment to shareholders.
- Bitcoin Transactions: The company sold 63 bitcoins during the week ended March 20 for about $4.6 million in gross proceeds and currently holds 3,439 bitcoins in its treasury, further diversifying its asset portfolio.






