tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Empery Digital Secures $75M Credit Agreement

Story Highlights
  • Empery Digital repurchased over 1.6 million shares, leaving $88 million for future buybacks.
  • The company secured a $75 million credit agreement with Galaxy Digital for financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Empery Digital Secures $75M Credit Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Empery Digital ( (EMPD) ).

On September 8, 2025, Empery Digital announced updates on its share repurchase program, having bought back over 1.6 million shares at an average price of $7.23 per share, leaving $88 million available for future repurchases. Additionally, the company entered into an uncommitted revolving credit agreement with Galaxy Digital LLC for up to $75 million, enhancing its financial flexibility to potentially increase bitcoin per share for shareholders through strategic repurchases.

The most recent analyst rating on (EMPD) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Empery Digital stock, see the EMPD Stock Forecast page.

Spark’s Take on EMPD Stock

According to Spark, TipRanks’ AI Analyst, EMPD is a Neutral.

Empery Digital’s overall stock score is primarily impacted by its poor financial performance, characterized by unprofitability and cash flow challenges. Technical analysis suggests bearish momentum, further weighing on the score. While recent corporate events are positive, they do not significantly offset the financial and technical weaknesses.

To see Spark’s full report on EMPD stock, click here.

More about Empery Digital

Empery Digital Inc., formerly known as Volcon, is a company focused on becoming a leading, low-cost, capital-efficient aggregator of bitcoin, having adopted a bitcoin treasury strategy. Initially founded as the first all-electric power sports company, it provides high-quality, sustainable electric vehicles under the brand Empery Mobility, targeting the outdoor community with environmentally friendly and near-silent off-roading experiences.

Average Trading Volume: 844,373

Technical Sentiment Signal: Sell

Current Market Cap: $331.2M

See more insights into EMPD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1