Empery Digital Resumes Buybacks, Pursues Data Center Deal
The firm is balancing share repurchases with a 150-megawatt Midwest data center investment.
Updated on Oct. 26, 2026 in Data Centers
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Empery Digital has resumed its share repurchase program, buying back 122,955 shares for an average of $2.89 each. The company also continues to pursue a $65 million investment in a Midwest data center project with 150 megawatts of capacity.
Why it matters
The company is balancing capital return to shareholders with a significant infrastructure play as it seeks to expand its footprint in the high-demand data center market.
The company maintains 1,018 Bitcoin alongside $70 million in cash against $35 million in debt. The target data center facility currently offers 150 megawatts of power, with future expansion potential to approximately 300 megawatts.
The players
Empery Digital
An investment firm balancing digital asset holdings with strategic infrastructure deployments in the data center sector.
Hunt Properties
The commercial real estate partner managing the site lease and facility expansion.
The details
The data center deal involves a 15-year triple-net lease, an agreement structure where the tenant assumes responsibility for all building expenses, including property taxes, insurance, and maintenance. Empery Digital holds a 25% stake in the entity, which must manage the facility's buildout and electricity consumption under the proposed terms.
Timeline
June 2026: Empery agreed to the $65 million data center investment.
Week ended Oct. 23, 2026: The company repurchased 122,955 shares.
Near term: Partners expect to finalize the facility lease.
15 years: The duration of the proposed data center lease.
The Tech Race
Data center operators are increasingly focused on site scalability to meet rising power demands. This facility aims to double its capacity from 150 to 300 megawatts to remain competitive with large-scale infrastructure projects.
The firm is prioritizing capital liquidity while finalizing a lease that will dictate the operational costs of its Midwest data center. Investors and stakeholders should monitor the completion of the triple-net lease in the near term.
The takeaway
Empery Digital is leveraging its cash reserves to simultaneously support share value and long-term energy-intensive infrastructure. Watch for the finalized lease agreement to confirm the firm's total capital commitment for the 150-megawatt expansion.
Further reading
For more on evolving infrastructure requirements, see our Data Centers section.
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