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Empery Digital Announces $25 Million Direct Offering
Empery Digital Inc. announced a $25 million registered direct offering with an existing institutional investor for common stock and accompanying warrants. The company plans to use the net proceeds, along with cash on hand, to reduce outstanding debt by approximately $40 million. Empery Digital also provided a share repurchase update, noting it has repurchased over 22 million shares under its $200 million program and holds 3,439 BTC in its treasury.