Empery Digital reduced its holdings by 79 bitcoin last week, bringing its total holdings down to 3,359 bitcoin.
Odaily reported that Nasdaq-listed Bitcoin treasury company Empery Digital disclosed that last week it sold 79 Bitcoins at an average price of $71,031, with total revenue of approximately $5.6 million, reducing its total Bitcoin holdings to 3,359. Additionally, the company revealed that to date it has spent about $137 million to repurchase 23,630,147 common shares. Moving forward, it will continue to sell Bitcoin as needed to fund future share buybacks and may possibly repay part of its outstanding debt. (Businesswire)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Eurozone Q3 GDP rises faster by 0.6% vs. flash estimates of 0.4%

Silver price today: Silver broadly unchanged, according to FXStreet data
Strategy CEO Phong Le says MSCI exclusion has little impact, about 3% of stocks are related to the index

EUR/USD: ECB hawks lag Fed – ING

