Empery Digital Inc. 8K
0001683168-26-005201
View on SEC EDGAREmpery Digital Inc. detailed that it will fund a $65 million, 25% stake in a Midwest AI data center project from existing capital while the tenant covers all build-out and operating costs, avoiding near-term equity issuance and signaling a strategy to pursue similar hyperscaler-anchored opportunities, potentially financed in part by bitcoin sales.
Empery Digital Inc. announced additional details on the capital requirements and strategy for its investment in a Midwest facility that will be converted into a state-of-the-art AI data center, clarifying that its funding obligation is limited to a $65 million investment for a 25% ownership stake in the private entity acquiring the facility, which it can fund from existing balance sheet resources. Under a non-binding LOI outlining an expected triple net lease, the prospective tenant will bear all data center build-out, power, and operating costs, enabling the company to avoid issuing equity at or near current share price levels. Empery Digital stated that it believes its net asset value materially exceeds its current market valuation, views this hyperscaler-anchored investment as expanding that valuation gap, intends to continue allocating capital to similar hyperscaler-anchored opportunities, and may sell some of its bitcoin holdings to help fund this and similar future investments.
Filing Facts
- CIK
- 1829794
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001683168-26-005201
- Alert Tier
- 6