The post Bitcoin Treasury Firm Empery Digital Sells 1,400 BTC for $87 Million appeared on BitcoinEthereumNews.com.
Bitcoin News Nasdaq-listed Empery Digital has offloaded nearly half of its Bitcoin (BTC) reserves, selling 1,400 BTC since May 7 for roughly $87.1 million in gross proceeds, according to a recent SEC filing. The company sold at an average price near $62,200 per coin, directing $10 million toward retiring debt on July 7 and earmarking the remainder for a $65 million Midwest AI data-center stake and mounting legal costs from shareholder litigation. As of July 10, the firm held 1,514 BTC — worth close to $96.5 million — alongside about $73.9 million in cash, with $45 million still outstanding on its debt facility. Coverage of the entity continues on our Bitcoin hub. On-chain analysts frame the current phase as a slow, grinding bottom rather than a sharp capitulation. One prominent on-chain researcher argued that after February’s price-driven capitulation, Bitcoin has entered
The post Current Price of Bitcoin Holds Firm as Accumulation Signals Grow appeared on BitcoinEthereumNews.com.
The post Current Price of Bitcoin Holds Firm as Accumulation Signals Grow appeared first on Coinpedia Fintech News Bitcoin price has traded within a relatively narrow range for about six months without setting a new low, according to the source. The price stability has led some market analysts to identify the current range as a potential accumulation zone based on technical indicators. The trend matters because sustained support could influence investor positioning. Market … Source: https://coinpedia.org/crypto-live-news/current-price-of-bitcoin-holds-firm-as-accumulation-signals-grow/
The post Empery Digital Offloads 1,400 BTC, Pivots Treasury From Bitcoin To AI Infrastructure appeared on BitcoinEthereumNews.com.
For months, corporate bitcoin treasuries have been treated as a one-way bet. Empery Digital just broke the pattern. The Nasdaq-listed firm disclosed in an SEC filing that it sold 1,400 bitcoin since May, generating roughly $87.1 million at an average price of $62,200, according to the original report. The proceeds are marked for debt repayment, a previously announced property acquisition, and legal expenses. The sale is not merely a capital raise. It coincides with a direct strategic pivot. Empery said it will discontinue public net asset value disclosures based exclusively on bitcoin holdings, citing growing exposure to artificial intelligence and energy infrastructure businesses. The firm is now involved in a proposed $1 billion AI data center project alongside members of the Hunt and Crow families. A Corporate Treasury Reversal While many public companie
The post VIRTUAL up +17.08%, BTC +0.09%, Virtuals Protocol is The Coin of The Day – Daily Market Update for Jul 11, 2026 | CoinCodex appeared on BitcoinEthereumNews.com.
Key highlights: The total cryptocurrency market cap decreased from $ 2.20T to $ 2.19T in the past 24 hours, representing a -0.20% change The Bitcoin price at press time is $ 64,176 after growing by 0.09% in the last 24 hours The total crypto trading volume increased by 89.05% in the past 24 hours, and is currently at $ 381.86B All prices and changes are presented at the time of publication: July 11, 2026, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 2.19T after a -0.20% decrease on the day. The total crypto trading volume increased by 89.05% in the same time frame. Bitcoin is trading at $ 64,176 after seeing a 0.09% gain in the last 24 hours. The Bitcoin dominance grew by 0.05% and BTC currently represents 58.73% of the cryptocurrency market. Top Coins By Market Cap At press time, Bit
The post All about CleanSpark’s addition of 454 Bitcoin and what it means appeared on BitcoinEthereumNews.com.
CleanSpark, a publicly traded company, is in the news after adding another 454 Bitcoin [BTC] to its treasury. This addition has pushed its total stash to 13,924 BTC, worth $897.1 million. In 2026, CleanSpark has sold 258 BTC and added 1171 BTC. Its latest move came as CleanSpark’s stock price was trading at $12.89 at press time. The same has risen by about 28% in the year so far. For its part, Bitcoin was trading at $64,411.66 at the same time, on the back of a 42% decline this year. As it stands, the Governor and Executive Council of New Hampshire are reviewing a proposal that would permit a borrower connected to CleanSpark to purchase Bitcoin with up to $100 million in taxable revenue bonds. CleanSpark is not the only company to add Bitcoin to its treasury recently though. Purchases in the months of June and July by other firms In June, public companies added almost 9,00
The post Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer appeared on BitcoinEthereumNews.com.
Tether, the firm responsible for the leading stablecoin USDT, made waves by transferring four Bitcoin (BTC), valued at around $250,000, from its reserves to Binance. This move, highlighted by an EmberCN analysis, suggests a potential shift in Tether’s usual practice of regularly acquiring Bitcoin with a slice of its earnings. Continue Reading:Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer Source: https://en.bitcoinhaber.net/stablecoin-giant-tether-shifts-bitcoin-strategy-with-recent-binance-transfer
The post Wall Street can’t get enough AI as SK Hynix rallies massively in Nasdaq debut appeared on BitcoinEthereumNews.com.
SK Hynix landed on the Nasdaq with a 13% first-day gain, ending Friday at $168.01 after starting at $170. U.S. buyers got a direct route into South Korea’s second-biggest listed company. The shares used the temporary code SKHYV for the opening session and will change to SKHY on Tuesday. The chipmaker sold its U.S. depositary shares for $149 each and collected $26.5 billion. A filing had placed the target near $29 billion, set aside for plants, tools, and production spending. The listing followed a rise of more than seven times in the company’s home-market shares over the past year, pushing its value close to $1 trillion. SK Hynix expands output as AI customers keep asking for more chips At home, only Samsung Electronics (KRX: 005930) is worth more. SK Hynix sits beside Samsung and Micron Technology (NASDAQ: MU) as one of the three main suppliers of memory used in
The post Tether reserve wallet sends 4 BTC to Binance as Q2 buying stalls appeared on BitcoinEthereumNews.com.
Tether transferred 4 BTC worth about $250,000 from a wallet to Binance, which may point to an end to Tether’s BTC acquisitions, EmberCN said in a report on Saturday. Tether 用每季度利润的 15% 买 BTC 的那个储备地址，5 小时前测试性往 Binance 充值了 4 枚 BTC ($25 万)。https://t.co/bsvlUfw4Gt 这是要？他们在一个月前向 Bitfinex 转移过 204.3 枚 BTC ($1436 万)，当时 BTC 价格在 $7 万。 卖没卖不太确定，但他们现在好像没在继续买 BTC… https://t.co/sTAJ3NElxG pic.twitter.com/uZ5WiaheHh — 余烬 (@EmberCN) July 11, 2026 The on-chain analytics firm, which observes large wallets on X, described the transaction as a “test” deposit. EmberCN noted that the recent transactions indicate that Tether “now doesn’t seem to be continuing to buy BTC.” However, the analyst stopped short of indicating that any coins were sold, claiming that the information does not specify whether a sale indeed occurred. The particular wallet is the one belonging to Tether where there is a transfer
BlackRock's significant inflow into Bitcoin ETFs highlights institutional confidence and potential stabilization in the crypto market landscape.
The post BlackRock leads $86M Bitcoin ETF inflow day, snapping weeks of bleeding appeared first on Crypto Briefing.
