EMPD sells 1,400 BTC at $62.2K, pivots cash to AI data centers
The sale cut the company's stash nearly in half and funds its first hyperscaler deal, a signal that the 2025 treasury-company cohort is now a structural source of BTC supply, not demand.
Every Zipp story tagged #InstitutionalSelling, newest first.
The sale cut the company's stash nearly in half and funds its first hyperscaler deal, a signal that the 2025 treasury-company cohort is now a structural source of BTC supply, not demand.
The dollar size is trivial, but the symbol is not: Strategy hadn't sold since December 2022, and even then it bought back within 48 hours.
CEO Phong Le confirmed the pivot on Tuesday's earnings call, with the $66.8B stack — nearly 4% of all Bitcoin — now managed as an active treasury asset rather than a permanent hold.