Empery Digital Inc.

Empery Digital Inc. (NASDAQ: EMPD) operates a diversified business model centered on digital asset treasury strategy and electric vehicle operations. The company website is located at www.emperydigital.com.

The company's primary focus is accumulating and holding Bitcoin as part of a strategic digital asset treasury initiative launched in July 2025. Through this strategy, Empery Digital pursues capital structure optimization to increase Bitcoin per share and drive stockholder value. The company executes this strategy through selective equity issuances at premiums to net asset value, share repurchases when trading below net asset value, derivative trading on Bitcoin including put and call contracts, and strategic debt financing arrangements. As of March 2026, the company holds 3,359 Bitcoin, of which 2,891 are restricted as collateral for outstanding loan balances totaling $95.0 million.

Beyond its digital asset operations, Empery Digital maintains an electric vehicle business focused on two-wheeled products, primarily the Brat electric bike manufactured through third-party partners. The company previously operated a four-wheel vehicle business including utility terrain vehicles and motorcycles, which was divested in October 2025 to Venom-EV LLC in exchange for a ten percent equity stake in Venom's reorganized entity. This divestiture reduced the company's product liability exposure while allowing continued involvement through inventory financing arrangements.

The company also operates an inventory financing business, providing capital to vehicle dealers and manufacturers. Recent agreements include supply arrangements with Venom-EV for golf carts and utility vehicles, with financing terms structured around inventory turnover periods. The company sources its two-wheel products from international manufacturer Huaian PX Intelligent Manufacturing Co., Ltd and sells through powersports dealers, bicycle retailers, international distributors in Mexico, the Caribbean, and New Zealand, and direct-to-consumer channels.

As of December 31, 2025, Empery Digital employed fifteen full-time employees. The company maintains an accumulated deficit of $321.8 million and has not remediated material weaknesses in internal controls identified in prior audits, though management has undertaken remediation efforts including hiring experienced accounting personnel and documenting internal control procedures.