Bitcoin Treasury Company Empery Digital Shareholders Call for CEO to Resign and Liquidate All Bitcoin

BlockBeats News, February 24th, Empery Digital Inc.'s 9% shareholder Tice P. Brown sent a letter to the Empery Digital Inc. board, urging CEO Ryan Lane to resign immediately, replace board members, and sell all Bitcoin holdings without delay.

Tice P. Brown stated that the Empery Digital Inc. management privately approached me with an offer to repurchase all my shares at a price equivalent to 100% of NAV (Net Asset Value), a significant premium to the current market valuation, on the condition of my personal signing of a standstill agreement. The management presented this offer via a buyback broker call on February 18th and confirmed it in writing on February 23rd. Brown has rejected the offer.

Tice P. Brown said: "This proposal is particularly offensive when a small number of shareholders clearly want to redeem their funds urgently. For months, shareholders have been selling their shares back to the company's buyback plan at a significant discount to the immediate liquidation value. The management has repeatedly made it clear that they will take all actions to place themselves between us, the shareholders, and our capital, continuing to extract compensation and expenses from us."

I once again urge CEO Ryan Lane to resign immediately, the entire board of Empery Digital Inc. to be replaced immediately, and all Bitcoin to be sold promptly, with the proceeds immediately returned to the shareholders."

Reportedly, as of the latest data as of February 2026, Empery Digital holds 4,081 BTC, with the holdings typically ranking around the top 25 among publicly listed Bitcoin treasuries.