Empery Digital Inc. 8K

Empery Digital Inc. invested $20 million in preferred equity for an approximately 8% stake in Cardinal Data Power as part of a $70 million Series A to develop large-scale AI-focused data center campuses, beginning with a major West Texas project.

On July 20, 2026, Empery Digital Inc. (NASDAQ: EMPD) signed and closed a $20 million preferred equity investment in Cardinal Data Power, Inc., a Hunt Properties–affiliated private developer of powered data center campuses, acquiring approximately an 8% ownership stake as part of a roughly $70 million Series A financing to support Cardinal’s inaugural West Texas data center campus. The West Texas site, encompassing more than 3,500 acres, is planned to deliver first power in 2027, ramp to about 1 GW of gross capacity by 2029, and ultimately support over 5 GW, targeting AI and high-performance computing tenants and integrating behind-the-meter generation capacity from a leading OEM via an IPP agreement. The transaction deepens Empery Digital’s strategic partnership with Hunt Properties, aligns with its bitcoin treasury and AI infrastructure-focused capital allocation strategy, and is expected to provide exposure to a pipeline of hyperscaler-anchored power and data infrastructure projects, though execution is subject to typical development, market, and regulatory risks highlighted in the forward-looking statements.

Filing Facts

CIK

1829794

Ticker

-

Form

8K

Source Type

sec

Accession

0001683168-26-005723

Alert Tier

6