Empery Digital (EMPD) announced an update on its previously authorized share repurchase program. As of April 17, the Company has repurchased 26,244,657 shares of its common stock under its $200M share repurchase program, at an average purchase price per share of $5.71, including all fees and commissions. Following these repurchases, the current number of shares outstanding is 29,813,797, after giving effect to the potential exercise of 2,146,395 pre-funded warrants.During the week ending April 17, the Company sold 20 BTC for an average price of $74,425 per BTC, generating approximately $1.5M of gross proceeds. As of April 17, the Company held 2,914 BTC in its treasury.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EMPD:
- Crypto Currents: Charles Schwab details spot crypto trading launch
- Empery Digital sells 55 bitcoin for gross proceeds of $3.9M
- Crypto Currents: Potential buyers reportedly looking at Gemini assets
- Crypto Currents: Morgan Stanley’s bitcoin ETF logs $34M debut
- Crypto Currents: Morgan Stanley’s bitcoin ETF debut meets ceasefire rally