Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers
- Empery Digital sold 1,400 BTC for $87 million, proving that even "Bitcoin treasuries" eventually realize holding digital gold doesn't pay the electric bill. They’re pivoting to AI data centers in Texas and the Midwest, because apparently, being a "crypto company" is too much paperwork. Now they’re trading hash manifests for concrete slabs, leaving 1,514 BTC on the books while chasing unsecured leases. It’s a classic meat wallet move: sell the asset to fund the infrastructure that might actually generate cash flow. The Midwest deal is still conditional, which means it’s basically vaporware until the ink dries. If you thought Bitcoin-only treasury plays were safe, think again. Liquidity is just delayed bankruptcy with better branding.