Empery Digital Inc. (NASDAQ:EMPD) (the "Company" or "Empery Digital") today announced that it has fully repaid its outstanding term loan using proceeds from its recent registered direct offering and the sale of a portion of its bitcoin holdings.
The repayment strengthens Empery Digital's balance sheet by meaningfully reducing the Company's leverage, lowering ongoing interest expense, and releasing approximately 1,800 bitcoin previously held as collateral.
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