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Bitcoin EmperyDigital, a digital asset management firm, faces a demand from its third-largest shareholder to sell 3,723 BTC and return the proceeds in cash
Svmuu News: EmperyDigital, a U.S.-listed company holding 3,723 BTC and listed on the Bitcoin, is embroiled in a shareholder dispute.Tice P. Brown, the third-largest shareholder with a 10.3% stake, has publicly called for the resignation of Co-CEO Ryan Lane and the board of directors, and has advocated for the sale of all company assets at Bitcoin, with the proceeds returned to shareholders.Tice P. Brown has accused management of poor governance, alleging that the company allowed employees to engage in large-scale intraday trading of Bitcoin derivatives. The company has denied these allegations and stated that selling all Bitcoin assets would undermine the company’s long-term strategic value. (CoinDesk)
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