Bitcoin treasury company Empery Digital has executed a $14.5 million stock buyback plan.
Foresight News reported that Bitcoin Treasuries stated that the Nasdaq-listed Bitcoin treasury company Empery Digital has executed a $14.5 million stock buyback plan, repurchasing approximately 2 million shares. The buyback will continue to be below its net asset value.
Latest data shows that as of now, Empery Digital holds 4,081.39 bitcoins, with a total acquisition price of approximately $480 million and an average acquisition price of $117,517 per bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Long-Term Holders Reach Cyclical Lows, Selling Pressure Eases
Hassett: The Federal Reserve should not pre-announce future interest rate paths and must adjust based on data
Strategy purchased 10,624 bitcoins for $962.7 million last week.
Strategy increases its holdings by 10,624 bitcoins, bringing the total to 660,624 bitcoins.
Trending news
MoreCrypto prices
More
