Empery Digital Has Repurchased Over 13.7 Million Shares
Empery Digital Inc. today announced an update on its previously authorized share repurchase program. As of December 5, 2025, the Company has repurchased 13,705,746 shares of its common stock under its $150 million share repurchase program, at an average purchase price per share of $6.99, including all fees and commissions. Following these repurchases, approximately $54 million remains available for future repurchases and the current number of shares outstanding is 37,714,489, after giving effect to the potential exercise of 3,913,538 pre-funded warrants.
Share repurchases have been funded by borrowings under the announced $150 million borrowing facilities of which $100 million has been drawn. The Company views the outstanding debt that has been drawn to finance share repurchases as an instrument that allows us to observe the price of bitcoin with optionality to potentially make opportunistic sales of BTC to further enhance the arbitrage between our public market value and our net asset value. Management remains committed to increasing bitcoin per share through opportunistic share repurchases at prices below NAV to continue to generate value for shareholders. At this time, management may fund incremental share repurchases and/or repay outstanding debt with proceeds from potential opportunistic sales of BTC and/or proceeds from derivative trading.
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