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This Corporate Holder Sold $87M in Bitcoin

This Corporate Holder Sold $87M in Bitcoin


The worrisome trend has been extended to new companies after the recent sales by many miners and Strategy.

Bitcoin corporate treasury firms became a major thing in the past couple of years, led, of course, by Michael Saylor’s Strategy. Several such entities emerged during more favorable times for the entire crypto industry. Now, though, the landscape has changed, and there’s a new seller on the horizon.

Empery Digital has disposed of 1,400 BTC for just over $87 million, becoming the latest publicly traded Bitcoin treasury firm to monetize part of its holdings amid ongoing market pressure.

Empery Sells Too

The firm published a Form 8-K filed with the United States…

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