Emperor Digital sold half of its bitcoins and switched to AI data centers, its share price once rose more than 4%

Bitcoin reserve company Emperor Digital (EMPD) disclosed that it has sold 1,400 BTC units in the past two months, with an average selling price of US$62,200, and cashed in a total of approximately US$87.1 million to invest in AI data center projects and repay debt. Of this, part of the money was used to acquire a 25% stake in an AI data center project, and another $10 million was used to repay outstanding debt. After the sale, Emperor Digital's Bitcoin position fell by 48%, and it currently holds 1,514 BTC units, worth approximately US$97 million at current prices. Affected by the news, EMPD shares rose 4.2% at the beginning of the session and finally closed up 1.58%. The market believes that investors are positive about the company's conversion of some of its bitcoin reserves into AI infrastructure investment.