Empery Digital (EMPD)
Runs a Bitcoin treasury strategy alongside strategic data-power investments.
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Operates around a Bitcoin treasury strategy adopted after its electric off-road powersports legacy. Capital raised for the strategy was applied to Bitcoin purchases, and the company has added a strategic data-power investment.
Built around a Bitcoin treasury strategy adopted after a legacy electric off-road powersports business. The Nasdaq-listed successor to Volcon renamed itself Empery Digital and changed its ticker to EMPD in 2025. Legacy materials described all-electric powersports for the outdoor community.
Capital raised with the strategy was applied to Bitcoin purchases. The company has also made a strategic investment in Cardinal Data Power, a developer of powered data-center campuses.
Operations and capital allocation are shaped by execution of the Bitcoin treasury strategy and disclosed capital needs tied to an indirect Midwest-property investment.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.6M · Total debt $55.6M · Total assets $179.5M · Shareholders' equity $113.4M
- Revenue
- $80.0K
- Operating income
- −$14.2M
- Net income
- −$43.0M
No dividends on record.
| Institutions | 60.92% | 17.12M shares | |
|---|---|---|---|
| 41 holders · as of Jun 30, 2026 | |||
| Insiders | 12.01% | 3.38M shares | |
| 1 holder · as of May 19, 2026 | |||
| Strategic holders | 14.64% | 4.12M shares | |
| 2 holders · as of May 15, 2026 | |||
| Other | 12.43% | 3.49M shares | |
| remainder | |||
28.11M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Tice Brown1,2Insider10 percent owner | 12.01% | 3.28M | filed May 19, 2026 |
Empery Asset Management, LPInstitution | 10.42% | 2.93M | as of Jun 30, 2026 |
Highbridge Capital Management LLCInstitution | 9.78% | 2.75M | as of Jun 30, 2026 |
Winklevoss Capital Fund, LLCStrategic | 7.93% | 2.23M | filed May 15, 2026 |
DRW Holdings, LLCStrategic | 6.71% | 1.89M | filed May 14, 2026 |
- Tice Brown's transaction reports restate only vehicles that traded; the 2026 ownership statement (3.28M) plus the 100.0K net shares acquired since is used instead.
- Tice Brown reports a block also reported by Winklevoss Capital Fund, LLC; it is counted once, under Winklevoss Capital Fund, LLC.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 1, 2026 | Empery Asset Management, LP | 10 percent owner | +500,000 | $3.59 |
| Aug 13, 2026 | Empery Asset Management, LP | 10 percent owner | +750,000 | $2.98 |
| Aug 12, 2026 | Empery Asset Management, LP | 10 percent owner | +650,000 | $2.82 |
| Jan 28, 2026 | ATG Capital Management LP | 10 percent owner | +123,208 | $5.09 |
| Jan 29, 2026 | ATG Capital Management LP | 10 percent owner | +190,971 | $4.91 |
- Strategy
Largest public Bitcoin-treasury and capital-markets platform
- Twenty One Capital
Bitcoin-native platform combining treasury and capital-markets activity
- Strive
Asset-management Bitcoin treasury company focused on Bitcoin per share
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Empery Digital | $3.04 | −4.26% | $89.1M | — | — | — | −88.6% |
| Strategy | $168.81 | +0.18% | $55.74B | — | 5.1 | 111.9 | +6.9% |
| Twenty One Capital | $6.60 | −0.23% | $68.1M | — | — | — | — |
| Strive | $29.91 | −1.38% | $3.03B | — | 6.1 | 346.1 | +1,370.5% |
| Median | — | 5.6 | 229.0 | +688.7% |