Empery Digital (NASDAQ: EMPD) has repurchased 15.4 million shares under its $200 million stock buyback program as of February 6, 2026, at an average price of $6.71 per share. Concurrently, the company sold 357.7 BTC at an average price of $67,907, generating approximately $24 million. The proceeds were partially used for share repurchases and debt reduction to mitigate risk. Empery Digital currently holds 3,723.7 BTC and plans to continue buybacks below NAV to enhance shareholder value, potentially utilizing its balance sheet, including reducing Bitcoin holdings, to support future buybacks.