Empery Digital Shareholder Seeks to Sell 3,723 BTC for Cash


Drama in the Bitcoin treasury space! Empery Digital (EMPD), a U.S.-listed company holding 3,723 BTC as a core reserve asset (while generating income from options on the crypto), is facing a heated proxy fight.
Major shareholder Tice P. Brown (holding nearly 10% of shares) has publicly called for the resignation of co-CEO Ryan Lane and the entire board, accusing management of reckless governance and risky bitcoin derivatives trading. He's pushing hard for a full liquidation of the BTC holdings — selling all 3,723 coins and returning the cash to shareholders to close the gap between the depressed share price (~$3.96) and net asset value (~$4.72).
With shares down sharply over the past year, this could pressure other BTC treasury plays if the push succeeds. Watch for updates on this boardroom battle — it might set precedents for corporate Bitcoin strategies.
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