en.bitcoinsistemi.com
As is known, in recent weeks, one of the shareholders of Empery Digital (EMPD), a Bitcoin treasury company traded on Nasdaq, demanded that the company sell all of its Bitcoins.
At this point, Tice P. Brown, who owned a 9% stake in the company at the end of February, stated that the company’s shares had also sharply lost value due to the drop in Bitcoin, and called on the entire management to resign and sell all their $BTC.
The response to this request was swift, and Empery Digital officially rejected a major shareholder’s proposal to liquidate their Bitcoin ($BTC) assets.
The company stated clearly in its announcement that it would not sell its Bitcoin reserves and that doing so would not serve the interests of all shareholders.
The statement explained that the board and management had thoroughly reviewed the proposal and concluded that selling all Bitcoin assets would not benefit shareholders and would eliminate potential gains from future price increases.
In conclusion, Empery Digital will retain its Bitcoin assets, prioritizing long-term shareholder value.
Empery Digital currently holds 4,081 $BTC, placing the company among the top 25 publicly traded Bitcoin treasuries.
*This is not investment advice.