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Empery Digital, a company whose shares are listed on the Nasdaq stock exchange, announced that despite significant progress in its share repurchase program, it also sold its bitcoins during the same period ($BTC). According to the company's statement, as part of the share repurchase program, 24,640,671 common shares have been repurchased to date, totaling $200 million. The average purchase price was $5.77 per share. On the other hand, during the week ending April 3, the company sold 370 bitcoins to create liquidity on its balance sheet. These sales, conducted at an average price of $66,632, generated approximately $24.7 million in revenue. After this transaction, the total number of bitcoins held in the company's reserves decreased to 2,989 $BTC.
BTC-0.51%
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