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Empery Digital Dumps 1,635 Bitcoin for $102M as Collateral Crunch Tightens Grip
['Pankaj K']
The Currency analytics
That leaves just 325 BTC sitting unrestricted — down sharply from 1,375 BTC unrestricted at the end of June.
Then on June 30, a $20 million debt repayment let Empery recover 585 BTC that had been pledged.
A $62 Million Real Estate Bet Complicates EverythingOn top of the debt juggling act, Empery is eyeing a $62.1 million real estate acquisition.
Empery Digital sold 1,635 BTC for $102.2 million during that period, cutting its total holdings by 76% in roughly six weeks.
How much unrestricted Bitcoin does Empery Digital hold after the sales?