Empery Digital responds to shareholder requests: will not liquidate Bitcoin assets

CycleProphet · 2026-03-03T02:36:12+00:00

Empery Digital Inc. rejected the proposal from ATG Capital Management's nominated director Tice P. Brown to immediately liquidate the Bitcoin portfolio, stating that such a move is not in the best interests of shareholders. The company emphasized that the current strategy has increased the value of Bitcoin per share by 39%, and plans to enhance per-share value through stock buybacks.

CycleProphet

2026-03-03 02:36:12

Abstract generation in progress

Deep Tide TechFlow News, March 3rd, Empery Digital Inc. (Nasdaq: EMPD) today confirmed receipt of a director nomination notice from ATG Capital Management and Tice P. Brown. The company clearly stated that it has evaluated and rejected Mr. Brown’s proposal to immediately liquidate the entire Bitcoin portfolio, believing it is not in the best interests of all shareholders. Empery Digital emphasized that sticking to the current strategy has increased each share’s Bitcoin value by approximately 39%, and adopting the liquidation proposal would prevent shareholders from benefiting from Bitcoin’s appreciation.

The company will continue to implement a low-cost, efficient Bitcoin financial strategy by repurchasing shares below net asset value to enhance per-share Bitcoin value and narrow the NAV gap. The board will submit a formal recommendation at the upcoming 2026 Annual Shareholders Meeting.

Earlier reports indicated that Empery Digital, a Bitcoin treasury company, shareholders publicly demanded the CEO’s resignation and the complete divestment of all BTC.

BTC3,38%

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