Empery Digital (formerly Volcon, Inc.) is a former electric powersports company that pivoted to a Bitcoin treasury strategy on July 17, 2025, after closing a $500M+ private placement. The company acquires BTC using equity offering proceeds and uses BTC-collateralized credit facilities to fund an aggressive share repurchase program.
Raised $500M+ via private placement to fund BTC purchases. Uses BTC-collateralized credit facilities to fund share repurchases below NAV.
| Label | Issue | Maturity | Coupon | Principal | Outstanding | |
|---|---|---|---|---|---|---|
| EMPD-MRA25 | 2025-09-19 | 2026-09-19 | β | 50.00M USD | 50.00M USD | |
| 50.00M USD | ||||||