PANews
PANews|3月 03, 2026 02:24
[Empery Digital Officially Responds to Major Shareholder's Liquidation Proposal: Will Not Liquidate Bitcoin Assets] According to Businesswire, in response to a major shareholder's demand to sell all Bitcoin holdings and return cash to shareholders, Nasdaq-listed Bitcoin treasury company Empery Digital has officially issued a statement. The statement noted that although the company's stock price has consistently been below NAV, the management has implemented a stock buyback program with shareholders' interests as the starting point. Meanwhile, the major shareholder, Tice P. Brown, has previously made false and malicious personal attacks against the management. It was also clarified that ATG Capital has not communicated with any company directors or executives. Empery Digital further stated that the board and management team have conducted a comprehensive evaluation of Tice P. Brown's proposal to liquidate all Bitcoin assets. They concluded that such a move would not be in the best interests of all shareholders and would deprive them of the opportunity to benefit from potential future price increases. Therefore, at this stage, the company will not immediately liquidate all Bitcoin assets.
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