Empery Digital Inc. provided an update on its share repurchase program on November 17, 2025.
The company has repurchased over 11.9 million shares of its common stock under a $150 million share repurchase program.
Approximately $63 million remains available for future repurchases, and the current number of shares outstanding is 39,500,447.
Share Repurchase Details
Empery Digital has repurchased 11,919,788 shares at an average price of $7.27 per share under the program.
Funding Source
The share repurchases have been funded by borrowings under a $150 million borrowing facility, with $90 million already drawn.
Management Strategy
Management aims to increase value for shareholders by making accretive share repurchases below NAV to boost BTC per share.
- Despite market pressure on Bitcoin, Empery Digital sees an opportunity for impactful share repurchases at advantageous prices.
- The share repurchase program demonstrates the company's commitment to enhancing shareholder value and optimizing its Bitcoin per share strategy.
Empery Digital's proactive approach to share repurchases reflects a strategic focus on increasing shareholder value and maximizing Bitcoin per share. The company's commitment to disciplined decisions underpins its long-term growth strategy in digital asset management.