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Empery Digital Updates on Share Buyback Program and Bitcoin Holdings
VLCN
Share Buyback
New Projects/Investments
  • Empery Digital Inc. (formerly Volcon) repurchased 363,395 shares of its common stock at an average price of $7.39 per share as of August 22, 2025, with approximately $97 million remaining under its $100 million share repurchase program.
  • The company acquired an additional 12.97 BTC for $1.5 million since August 18, 2025, bringing its total BTC holdings to 4,064.88 BTC, acquired for an aggregate of approximately $478 million at an average price of $117,549 per BTC.
  • Management intends to continue share repurchases below net asset value, with $25 million of available capacity and an anticipated additional $75 million from an uncommitted borrowing facility for future repurchases.
  • Effective July 17, 2025, Empery Digital adopted a bitcoin treasury strategy with the goal of becoming a leading aggregator of bitcoin, while its power sports brand will operate as Empery Mobility.
Aug 25, 2025, 12:30 PM