Empery Digital (EMPD), a Nasdaq-listed Bitcoin treasury company, has rejected a proposal from major shareholder Tice P. Brown to sell all its Bitcoin holdings and return cash to shareholders. Despite the company's stock trading below its net asset value (NAV), the management remains committed to its stock repurchase plan, prioritizing shareholder interests. The company stated that Tice P. Brown had made false and personally attacking public accusations against the management. After a comprehensive evaluation, the board and management concluded that liquidating all Bitcoin assets is not in the best interest of all shareholders. As a result, Empery Digital will not proceed with the immediate liquidation of its Bitcoin assets.