other material
confidence high
sentiment positive
materiality 0.70
Empery Digital repurchases 13.7M shares at avg $6.99; director Karin-Joyce Tjon resigns
Empery Digital Inc.
- Repurchased 13,705,746 shares under $150M program at avg $6.99 per share through Dec 5, 2025.
- Approximately $54M remains for future repurchases; outstanding shares 37,714,489 after pre-funded warrants.
- Borrowed $100M of $150M facility to fund buybacks; may use BTC sales or derivative proceeds for incremental repurchases.
- Management committed to increasing BTC per share via opportunistic share repurchases below NAV.
- Karin-Joyce Tjon resigned from Board effective Dec 3, 2025, with no disagreement with company operations.