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Empery Digital sells 370 BTC, unlocks 1,800 BTC pledged as collateral

Empery Digital, a Nasdaq-listed bitcoin treasury company, said it sold 370 bitcoin last week for roughly $24.7 million in gross proceeds, bringing its holdings down to 2,989 BTC. The company also reported it has fully repaid its term loan using proceeds from a recent equity financing and the sale of part of its bitcoin position. Empery Digital expects its balance sheet to improve as ongoing interest expenses decline and about 1,800 BTC previously pledged as collateral is released. (Businesswire)
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