Empery Digital shareholder demands sale of 4,000+ BTC, resignations

NodeGuardian · 2026-02-28T09:14:18+00:00

Tice P. Brown, a major shareholder of Empery Digital, urges the company to abandon its Bitcoin strategy, sell its BTC holdings, and redistribute profits, while also calling for the CEO and board's resignation. This conflict reflects increasing tensions over governance and the viability of crypto strategies.

NodeGuardian

2026-02-28 09:14:18

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A major shareholder, Tice P. Brown, is demanding that Empery Digital abandon its Bitcoin-focused strategy, sell its 4,081 BTC holdings, and redistribute the proceeds to investors. Brown, who owns 9.8% of the shares, also called for the resignation of the CEO and the entire board, citing concerns about entrenched management and the long-term viability of a Bitcoin-centric treasury strategy. The dispute highlights growing tensions between management and dissident investors regarding capital allocation, governance, and the sustainability of crypto-treasury models amidst evolving market conditions.

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