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Empery Digital reduced its holdings by 60 bitcoin last week for stock buybacks, with total holdings declining to 3,502 bitcoin.
Odaily Planet Daily reports that Empery Digital, a Bitcoin treasury company listed on NASDAQ, disclosed that last week it sold 60 Bitcoins at an average price of $70,534. The total Bitcoin holdings have decreased to 3,502 coins. Additionally, the company revealed that it has spent approximately $127 million to repurchase over 2,129,100 common shares. Moving forward, it will continue to sell Bitcoin as needed to fund future share buybacks and possibly repay some outstanding debt. (Businesswire)