other_material
confidence high
sentiment positive
materiality 0.80
Volcon holds 3,183 BTC (~$375M) & authorizes $100M share repurchase
Empery Digital Inc.
- Holds 3,183.37 BTC bought for ~$375M, avg price $117,697/BTC.
- Board authorized up to $100M share repurchase over 24 months, effective through July 24, 2027.
- Sold short-term put contracts at $115k-$117k to potentially buy more BTC and collect premium.
- Treasury strategy aims to offer efficient BTC exposure through public equity structure.
- Repurchase program to support NAV/share and add BTC per share when trading below NAV.
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