Empery Digital Inc. (NASDAQ: EMPD) announced on October 26, 2026, that it has resumed its share repurchase program following its Annual Meeting. The company stated that the Board and management are now focused solely on creating value for shareholders. The company intends to repurchase shares opportunistically while maintaining sufficient cash to fund current commitments and capitalize on future AI infrastructure opportunities.
In the week ending October 23, 2026, the company repurchased 122,955 shares of its common stock under its $200 million stock repurchase program at an average price of $2.89 per share, including fees and commissions. As of October 23, 2026, the company has repurchased an aggregate of 26,363,499 shares of its common stock. Following these repurchases, Empery Digital has 29,694,955 shares outstanding, after giving effect to the potential exercise of 1,653,686 pre-funded warrants. Approximately $50 million remains available under the company’s share repurchase authorization.
As of October 23, 2026, Empery Digital held 1,018 bitcoin, approximately $70 million in cash, and approximately $35 million in debt. The company also provided an update on its Midwest AI data center investment. The company’s partner, Hunt Properties, Inc., continues to advance a 15-year triple net lease for the facility, which is expected to service high investment grade counterparties. Empery Digital agreed to invest $65 million for a 25% interest in the private entity acquiring the facility, which offers 150 megawatts of power with an owned substation and the potential to expand to approximately 300 megawatts of power. Under the lease structure, the tenant is expected to fund the data center buildout, power usage, and operating costs, with Empery Digital’s funding obligation limited to its initial $65 million investment.
