According to a report by BusinessWire, Nasdaq-listed Bitcoin treasury company Empire Digital disclosed that it sold 370 bitcoins last week, generating approximately $24.7 million in revenue. Its current bitcoin holdings have decreased to 2,989. Furthermore, Empire Digital announced that the proceeds from its recent rights issue and the sale of some bitcoins have been used to fully repay term loans. The company's balance sheet will be strengthened after reducing ongoing interest expenses and releasing approximately 1,800 bitcoins previously held as collateral.
Empery Digital: Sold 370 bitcoins last week and released 1,800 bitcoins previously pledged.
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