other material
confidence high
sentiment positive
materiality 0.65
Empery Digital details $65M data center investment; tenant to fund all build-out costs
Empery Digital Inc.
- Empery Digital commits $65M for 25% equity interest in partnership acquiring Midwest data center property; closing expected Q3 2026.
- Non-binding LOI with globally recognized compute provider; tenant will fund all data center build-out, power, and operating costs.
- Company will fund from balance sheet, does not intend to issue equity at current share price levels; believes NAV exceeds market valuation.
- Company still holds bitcoin but does not plan to accumulate more; may sell bitcoin to fund this and similar future opportunities.