Foresight News reports that Tice P. Brown, a major individual shareholder of Empery Digital, a Bitcoin treasury company listed on NASDAQ, has issued an open letter. He disclosed that he has officially rejected the management’s private proposal for a share buyback (in which he personally holds 9.8% of the company’s shares). He accused the company of taking this action to secure the stability of CEO Ryan Lane’s position rather than to protect shareholders’ interests. He also demanded that Ryan Lane resign immediately and that all Bitcoin assets be sold right away, with the proceeds returned to shareholders. Currently, Empery Digital holds approximately 4,081 Bitcoin, valued at about $258 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs Score $167 Million as Wall Street Pulls Billions From Gold
The article discusses significant developments in the financial market, including the implications of a $1,000 investment in crypto revealing Israel's missile defense secrets, a new Senate deal on stablecoins, and potential impacts of economic trends on Trump's influence and Bitcoin and gold prices.
BeInCrypto12m ago
CoinDesk 20 performance update: Bitcoin Cash (BCH) gains 2.3%, leading index higher
CoinDesk Indices reports a daily market update of the CoinDesk 20 Index, currently at 2025.84, up 0.2%. Leaders include BCH and SOL, while APT and ICP are lagging behind.
CoinDesk38m ago
Middle East tensions escalate, driving rally: Bitcoin holds steady above $70,000, Ethereum and Solana gain in sync
On March 24, the crypto market rebounded due to escalating Middle East tensions, with Bitcoin rising 3.1% to $70,352, and other major cryptocurrencies also gaining. Saudi Arabia and the UAE prepared military operations, pushing oil prices higher. Overall, the market is focused on geopolitical risks and changes in capital flows, while traditional markets face pressure.
GateNews53m ago
Trader James Wynn opens a 40x leveraged BTC short position again after liquidation
Gate News report: On March 24, according to Onchain Lens monitoring, trader James Wynn opened a new 40x leveraged BTC short position after experiencing a complete liquidation.
GateNews1h ago
