Empery Digital, a Nasdaq-listed company, has sold 1,400 bitcoins since May 7, generating approximately $87.1 million. The sale, disclosed in an 8-K filing, was executed at an average price of $62,200 per bitcoin. Proceeds from the sale were allocated to repay $10 million in debt and to invest $65 million in an AI data center project, securing a 25% stake in a Hunt Properties-affiliated initiative. The company, which transitioned from an electric sports vehicle manufacturer to a bitcoin treasury firm last year, has raised over $500 million and accumulated more than 4,000 BTC. Following the recent sale, Empery Digital retains 1,514 BTC, valued at about $99 million, and holds approximately $74 million in cash. Despite a 1% rise in its stock price on Friday, Empery Digital's shares remain down 18% year-to-date.