Empery Digital invests $20M in Cardinal Data Power for 8% stake; targets 750 MW data center campus

Empery Digital Inc.

$20M preferred equity investment in CDP, an ~8% ownership stake, closed July 20, 2026.
Investment part of $70M Series A led by Hood River Capital Management to fund CDP's West Texas campus.
CDP has LOI for 750 MW Phase I data center campus; first power 2027, ramp to ~1 GW by 2029.
CDP is affiliated with Hunt Properties; Empery Digital deepens partnership with Hunt.
Empery Digital (NASDAQ: EMPD) employs a bitcoin treasury strategy.

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