Empery Digital Secures $25 Million Credit Facility and Acquires 25 Bitcoins

According to HashChain, Nasdaq-listed company Empery Digital announced that it has secured a $25 million credit facility for stock repurchase and plans to increase the credit line by an additional $75 million, bringing the total to $100 million. In addition, the company has adjusted its repurchase agreement, expecting to reduce costs by 1%. As of August 18, the company has added 25.2 bitcoins, bringing its total holdings to 4,051.9 bitcoins, with a cumulative investment amount of approximately $476 million and an average purchase price of $117,554 per bitcoin.