Bitcoin treasury company EmperyDigital stated that it will not immediately liquidate all its Bitcoin assets at this stage.

In response to a major shareholder's proposal to sell all of its Bitcoin holdings and return cash to shareholders, Nasdaq-listed Bitcoin treasury company EmperyDigital issued a statement saying that its board of directors and management have evaluated the proposal and believe that liquidating all Bitcoin assets is not in the best interests of all shareholders; therefore, the plan will not be implemented at this stage. The statement also noted that although the company's share price is below its net asset value, it has implemented a share buyback program. Regarding the allegations made by shareholder Tice P. Brown, the company stated that his statements are untrue and that ATG Capital has not communicated with the company's directors or executives. (Businesswire)