Emery Digital, a publicly traded company, sold 102 bitcoins last week.

CoinFeed reported on March 10th that, according to Cryptopolitan, Nasdaq-listed Bitcoin treasury company Empery Digital sold 102 bitcoins last week at $71,636 each, generating approximately $7.3 million in proceeds, which will be used for cash reserves and stock buybacks. This move comes as activist shareholders ATG Capital and Tice P. Brown submit board nominations, expressing dissatisfaction with the current management. Empery had previously used the proceeds from the Bitcoin sale to buy back over 20 million shares and stated its intention to reduce its Bitcoin holdings as needed to fund future buybacks.