Empery Digital just poured $20 million into Cardinal Data Power, a company building AI-focused data centers with integrated power generation — a bold pivot away from Bitcoin hoarding toward the physical infrastructure fueling the AI boom. With Bitcoin holdings slashed from 4,000 to just 1,500 coins, Empery is responding to shareholder pressure and signaling a strategic shift. As Bitcoin treasuries evolve — some doubling down, others selling out or experimenting with Bitcoin-backed business models — Empery’s move underscores where capital is heading: powering the next wave of tech innovation.

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