PANews reported on April 1st that, according to Business Wire , Empery Digital Inc. (NASDAQ: EMPD ) announced it has used the proceeds from its previously completed $ 25 million registered direct offering and some Bitcoin to prepay its outstanding term loans, significantly reducing leverage and interest expenses, and releasing approximately 1,800 Bitcoins previously used as collateral. Company management stated that it will continue to increase its Bitcoin holdings and narrow the discount between the share price and NAV by flexibly utilizing credit lines, adjusting its Bitcoin holdings, and repurchasing shares when the share price is below its net asset value ( NAV ). Since March 27th , the company has sold 370 BTC at an average price of $ 66,632 per BTC, generating approximately $ 24.7 million in total revenue, and currently holds 2,989 BTC .