Empery Digital Responds to Major Shareholder Proposal: Will Not Liquidate Bitcoin Assets

BlockBeats News, March 3rd, Bitcoin treasury company Empery Digital Inc. responded to claims from certain shareholders to liquidate the company's Bitcoin assets, clearly stating that it will not liquidate its Bitcoin reserves and believes that the proposed actions are not in the best interests of all shareholders.

The company pointed out in the statement that the board of directors and management have thoroughly evaluated the relevant proposals, considering that the mathematical logic of immediately liquidating all Bitcoin holdings is not valid and would deprive shareholders of the potential opportunity to benefit from future Bitcoin price increases. The management emphasized that the current core strategy of the company is to continuously optimize its capital structure, conduct share buybacks, and enhance the "per Bitcoin" metric to narrow the discount between the share price and Net Asset Value (NAV).

Empery Digital stated that since initiating the Bitcoin treasury strategy, the company has implemented one of the largest share buyback programs in the digital asset treasury sector and significantly increased the per Bitcoin holding by repurchasing shares when the share price is below NAV. The company disclosed that since the end of August 2025, the per Bitcoin holding has increased by approximately 39%, and the NAV discount has significantly narrowed since late January 2026.

In response to the proposal, the company mentioned that the relevant shareholders have not engaged in sufficient communication with the board of directors, and some public statements contain inaccurate and misleading representations. The company stated that it will disclose the board's recommendations through formal proxy materials before the upcoming 2026 annual shareholder meeting and urged shareholders to focus on long-term value creation objectives.