Nasdaq-listed Empery sold 1,400 Bitcoin between May 7 and July 10, raising about $87.1 million, according to Techub News. The company said the proceeds were used to repay debt, fund acquisitions, and cover legal expenses. After the sales, Empery still held 1,514 BTC and about $73.9 million in cash.
The move stands in contrast to the company’s Bitcoin aggregation strategy announced in August last year, when it held more than 4,018 BTC. That shift points to a change in how Empery is managing its balance sheet and crypto treasury.
The report also placed Empery alongside other public companies taking different approaches to Bitcoin holdings. During the same period, Nakamoto reduced debt by selling Bitcoin, while Capital B chose to raise funds and expand its position instead. According to crypto.news, those decisions reflect a widening split in how listed firms are handling Bitcoin treasury management.
Empery raises $87.1 million from Bitcoin sales
Nasdaq-listed Empery sold 1,400 BTC between May 7 and July 10, bringing in about $87.1 million, according to Techub News. The company used the proceeds to repay debt, fund acquisitions, and pay legal expenses.
Empery still holds 1,514 BTC and about $73.9 million in cash.
A shift from last year’s Bitcoin accumulation plan
The sale contrasts with the Bitcoin aggregation strategy Empery outlined in August last year, when the company held more than 4,018 BTC.
Different treasury playbooks among public companies
Over the same period, Nakamoto also sold Bitcoin to reduce debt, while Capital B chose to raise capital and add to its holdings. Crypto.news said the contrast shows public companies are taking increasingly different approaches to Bitcoin treasury management.
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