Svmuu News Nasdaq Listed Bitcoin Caiku Enterprise Empery Digital announced that it has signed a definitive cooperation agreement with Hunt Properties to acquire a 25% equity stake in a new project entity for $65 million. The entity plans to acquire and renovate industrial facilities in the U.S. Midwest to build specialized AI data centers.
The two parties have established a long-term strategic partnership to jointly develop computing power assets, advance the expansion of AI and high-performance computing (HPC) infrastructure, and integrate their respective strengths in power supply, grid connectivity, and capital market financing. At the same time, Empery Digital announced that it will cease publicly disclosing data based on the net asset value (NAV) of its holdings in Bitcoin.The company explained that its current asset structure can no longer be measured solely by its holdings in the “Bitcoin” and that it will focus on seizing growth opportunities in AI computing power and energy infrastructure while diversifying its physical computing power business. (Businesswire)