Empery Digital will fund a $65 million commitment to acquire a 25% stake in the partnership buying a Midwest property, with the prospective tenant to cover all data center build-out and operating costs.
Key Highlights:
- Company committed to fund $65 million from its balance sheet to close on 25% ownership of the Partnership acquiring the Midwest property.
- Non-binding LOI anticipates a triple-net lease where the potential tenant will fund conversion, power usage and operating costs.
- No equity issuances expected at or near current share price levels to finance this investment.
- Company intends to continue allocating capital to similar hyperscaler-anchored opportunities to drive shareholder value.
- Empery Digital still holds bitcoin, does not plan to accumulate more now, and may sell bitcoin to fund this and future opportunities.
Original SEC Filing:
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