Empery Digital shareholder demands sale of 4,000-plus Bitcoin treasury, resignations
A 9.8% shareholder has doubled down on calls for Empery Digital to sell its BTC holdings, return capital to investors and remove its CEO and board.
Bitcoin remains pinned below $65,000 as random bouts of intense selling pressure persist, but one onchain indicator has stabilized, providing insight into when spot market demand may return.
Bitcoin broke below the $63,000 support level as a broader Wall Street sell-off collided with mounting geopolitical tension. The decline follows renewed tariff threats from the U.S. President, fueling market-wide uncertainty and a retreat from risk assets. Sentiment Hits Historic Lows Bitcoin took a bruising on the morning of Feb.
February 24, 2026, 7:48 pmBitcoin is heading toward an uncomfortable milestone, a potential fifth consecutive monthly decline if February closes in the red, and the setup is starting to look less like a crypto-specific drawdown and more like a macro-driven repricing.
February 24, 2026, 7:30 pmA 9.8% shareholder has doubled down on calls for Empery Digital to sell its BTC holdings, return capital to investors and remove its CEO and board.
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As Bitcoin trades in the low-$60,000s, the ledger shows nearly half of holders are sitting on losses. Newhedge’s percent supply in profit gauge shows 51.78% of coins are in profit with BTC around $63,275, implying roughly 10.35 million BTC in profit versus 9.64 million BTC in loss.
Bitcoin exchange-traded funds (ETFs) returned to outflows on Monday, Feb. 23, with a $204 million exit, while ether funds shed $49 million. Solana ETFs attracted fresh capital, and XRP ETFs saw no trading activity. Bitcoin, Ether Slide as Solana Attracts $8 Million The new week opened with a sharp shift in tone.
Engie is evaluating whether to pair battery storage or bitcoin mining data centers with its new Assu Sol solar project in Brazil, a move that would position BTC mining as a grid-balancing and revenue tool rather than a standalone industrial bet. The idea matters because it comes from one of Europe’s largest utilities.
BTC price targets stayed bearish with a zone of interest below $50,000 as macro assets saw increasing downside pressure at the Wall Street open.
Analysts warn the bitcoin market is vulnerable to a deeper flush amid ETF outflows, miner selling and macro shocks.
This week, as bitcoin slipped 7.5% against the U.S. dollar, the Crypto Fear and Greed Index printed a jaw-dropping 5 out of 100 — a record low that screams extreme fear across crypto sentiment.
The indicator last printed positive on Jan. 15. Its failure to fully recover after a Feb. 5 rebound suggests U.S.