Empery Digital entered into a $100 million committed delayed draw term loan credit facility with Two Prime Lending as lender. The company may draw proceeds from this facility, in one or more draws, an aggregate principal amount of up to $100 million, through Oct. 12, 2026 at which date all such loans, together with any accrued and unpaid interest and related obligations, shall become due and payable in their entirety, subject to the company’s sole option to extend the due date of all such loans for one additional year, to Oct. 12, 2027. Together with the company’s previously announced borrowing arrangements, this borrowing facility now gives the company committed capacity of $150 million.
Additionally, the company’s board of directors has approved an increase in the previously authorized share repurchase program to $150 million. Management remains committed to increasing bitcoin per share for its shareholders through accretive share repurchases at prices below net asset value (NAV).
“Management has negotiated a flexible borrowing facility that allows for a one-year extension, no commitment fees, no prepayment limitations, no prepayment fees, no recourse beyond the Bitcoin collateral and at what we believe to be in line with the lowest available interest rates in the bitcoin-backed lending market,” Ryan Lane, chairman and co-CEO of Empery Digital, said. “We will continue to execute this strategy with a laser focus on increasing BTC per share in order to fulfill our objective to outperform holding BTC directly.”
As of Oct. 10, 2025, the company has repurchased 6,740,482 shares of its common stock under its share repurchase program, at an average purchase price per share of $7.61, including all fees and commissions. Following these repurchases, approximately $99 million remains available for future repurchases under the company’s increased share repurchase program.
