Selling 1,400 BTC to cash out 87.1 million, US companies switched to AI infrastructure

According to Woofun AI, the corporate fund management company Empery Digital (EMPD.US) officially divested its digital asset strategy and invested 20 million US dollars into Cardinal Data Power in exchange for about 8% of the latter's shares, marking a complete shift in its business focus to the field of artificial intelligence infrastructure.

The funding comes from a $70 million Series A round of funding led by Cardinal Data Power to build a 750 megawatt data center campus in western Texas. The project aims to provide dedicated computing power for artificial intelligence and high-performance computing tasks. Its operating model deeply integrates power generation, gas supply and power infrastructure to accelerate the construction of large-scale facilities. According to the plan, the first phase of the park's electricity supply will be achieved in 2027, the expansion target is 1 gigawatt in 2029, and the long-term production capacity is expected to exceed 5 gigawatts.

According to data compiled by Woofun AI, Empery Digital's funding sources involved large-scale asset liquidation. To raise investment funds and pay off debts, the company sold 1,400 BTC and cashed out nearly $87.1 million in two months.

The action was carried out under strong pressure from shareholder Tice P. Brown, who asked the company to abandon its digital asset fund management strategy and forced the CEO and board members to resign. This reduction reduced the company's BTC reserves from a peak of 4081 to 1,514. The holdings reduction process began in March until the strategic adjustments after completing the restructuring of the original electric sports business in mid-2025.

Currently, the digital asset fund management industry is experiencing structural differentiation. On July 20, Satsuma Technology decided to sell all of its Bitcoin assets and cancel its listing on the London Stock Exchange after more than 90% of shareholders voted in favor of capital return.

Meanwhile, Twenty One Capital, Strike, and Elektron Energy's merger plan came to an end, Strike remained independent, and Twenty One Capital still held 43,514 BTC. In contrast, Cardinal Data Power's Texas project is expected to begin the first distribution of electricity in 2027, and physical infrastructure will become a new export for some companies to exit.