[DigitalToday reporter Yoonseo Lee (이윤서)] Signs have been detected that addresses linked to Empery Digital, a Nasdaq-listed U.S. company, secured 1,200 BTC over the past six days.

On July 7 (all dates local time), blockchain outlet CoinPost reported that cryptocurrency analytics firm Onchain Lens said an Empery Digital-linked address newly received 200 BTC.

The address was tallied as having acquired a total of 1,200 BTC over the past six days. The 200 BTC was worth about $12.84 million, and the 1,200 BTC about $72.65 million. However, this was based on a third party’s on-chain observations, and it has not been confirmed that Empery Digital itself announced the purchases.

The issue is that the company’s official policy and the on-chain flow are directly at odds. In a July 1 press release outlining its capital allocation strategy, Empery Digital said, "We will maintain our bitcoin holdings, but at this time we are not planning additional purchases." It also left open the possibility of selling bitcoin to secure funding for new artificial intelligence (AI) data center investments.

The company announced on June 30 that it was entering an AI data center business worth $65 million, taking a 25 percent stake in a 150-megawatt (MW) facility in the U.S. Midwest. It also said it would discontinue an asset valuation dashboard based solely on bitcoin holdings. Shortly after signaling a shift in focus from a bitcoin-centered asset strategy to AI infrastructure investment, signs emerged again of large-scale bitcoin acquisitions.

Estimated holdings currently seen in the market also do not match. Third-party aggregation services put Empery Digital’s recent holdings at about 2,900 to 3,700 BTC. The most recent verifiable purchase history dates back to early April. In these circumstances, it has not yet been confirmed whether the recent movement of 1,200 BTC reflects additional purchases, internal wallet reshuffling, or a transaction of a different nature.

Another variable is that on-chain data alone makes it difficult to conclude the ownership relationship of an address or the nature of a transaction. The current situation also runs counter to the company’s stated policy of "no additional purchases," but no official explanation has yet emerged regarding address ownership and the nature of the transactions, so developments will need to be watched for the time being.

Market attention is therefore focused on whether Empery Digital will make additional disclosures or provide an explanation. That is because the relationship among the company’s recent capital allocation plan, its expanded AI data center investment and its bitcoin holding strategy has yet to be sorted out. With on-chain signs running ahead of any official announcement, whether it makes disclosures and how its holdings change are expected to be key points to watch.

Empery Digital (@EMPD_BTC), a publicly traded Nasdaq company, has received another 200 $BTC ($12.84M). Over the past 6 days, the company has accumulated 1,200 $BTC ($72.65M). Latest transfer: Received 51 minutes ago. Address: 3KPAqEvQDiavUSrsEWZdgPiNiHLhW8NL9c pic.twitter.com/l7SSI1oEpd