Empery Digital (EMPD) stock falls as share-sale filing puts pressure on Bitcoin plan
Empery Digital shares traded at $3.61 in Nasdaq pre-market Thursday after closing down 8.6% Wednesday. The company amended its at-the-market share-sale agreement with Aegis Capital to allow sales until all placement shares are sold. Bitcoin fell about 5.5% to $63,262, dragging down bitcoin-treasury stocks including Empery. Empery held 2,989.4 bitcoin as of March 31 and reported a first-quarter net loss of $85.4 million.