Empery Digital says it has capital for USD 65 million Midwest data center stake, no equity raise planned

Empery Digital Inc.

Empery Digital Inc.

EMPD

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  • Empery Digital clarified its funding obligation for the Midwest AI data center project is limited to USD 65 million for a 25% stake.
  • Non-binding LOI terms call for a triple net lease; the prospective tenant would fund all build-out, power usage, operating costs.
  • Balance sheet expected to cover the USD 65 million; no equity issuance anticipated at or near current share price levels.
  • Capital allocation focus shifts toward similar hyperscaler-anchored deals; bitcoin holdings may be sold to fund investments.


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