Empery Digital Officially Responds to Major Shareholder's Liquidation Proposal: Will Not Liquidate Bitcoin Assets

ZkProver · 2026-03-03T02:30:57+00:00

Empery Digital responds to the major shareholder’s proposal to sell all Bitcoin, emphasizing that management always prioritizes shareholders' interests and opposes the request, believing that liquidation does not align with the best interests of all shareholders.

ZkProver

2026-03-03 02:30:57

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ChainCatcher reports that, according to Businesswire, in response to major shareholders’ demands to sell all Bitcoin and return cash to shareholders, the NASDAQ-listed Bitcoin treasury company Empery Digital issued an official statement. The statement noted that although the company’s stock price has consistently been below NAV, management has always implemented stock buyback programs with shareholders’ interests in mind. It also stated that major shareholder Tice P. Brown previously made false and malicious personal attacks against management, and clarified that ATG Capital has not communicated with any company directors or executives.

Empery Digital further stated that the board of directors and management team have conducted a comprehensive assessment of Tice P. Brown’s request to liquidate all Bitcoin assets, concluding that such action is not in the best interests of all shareholders and would deprive them of future gains from price increases. Therefore, they will not immediately liquidate all Bitcoin assets at this stage.

Previously, ChainCatcher reported that shareholders of Empery Digital, a Bitcoin treasury company, publicly demanded the CEO’s resignation and the liquidation of all BTC.

BTC3,38%

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