Bitcoin treasury company EmperyDigital's third-largest shareholder requests to sell 3,723 BTC and return cash

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Odaily Planet Daily reports that Empery Digital, a publicly traded Bitcoin treasury company with 3,723 BTC holdings, is embroiled in shareholder disputes. The third-largest shareholder, Tice P. Brown, who owns 10.3%, has publicly demanded the resignation of co-CEO Ryan Lane and the board of directors, and advocates selling all of the company’s Bitcoin assets to return the proceeds to shareholders.

Tice P. Brown accused management of misgovernance, claiming the company allows employees to engage in large-scale intraday trading of Bitcoin derivatives. The company denied these allegations and stated that selling all Bitcoin assets would harm the company’s long-term strategic value. (CoinDesk)

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