Empery Digital Inc. (Empery Mobility)
Empery Digital Inc. is a publicly traded company primarily engaged in digital asset management, focusing on a Bitcoin (BTC) treasury strategy. The company's mission is to unlock the transformative potential of digital asset management through blockchain, aiming to be a leading, low-cost, transparent, global aggregator of Bitcoin. Headquartered in Round Rock, Texas, Empery Digital emphasizes transparency, efficiency, and accountability in its operations.
The company's core services include transparent Bitcoin treasury management, providing daily updates and investor insights on blockchain-driven wealth growth. Empery Digital employs strategies to maximize Bitcoin per share, such as issuing equity at a premium to its Net Asset Value (NAV) and repurchasing shares when trading below NAV. Additionally, it generates income through derivative trades tied to BTC prices. While its primary focus is digital assets, Empery Digital also maintains an operating business in electric mobility under the brand name Empery Mobility, which previously developed and sold electric off-road powersports vehicles.
Empery Digital Inc. was formerly known as Volcon, Inc. and officially changed its name in July 2025 to align with its strategic pivot to a Bitcoin treasury strategy. The company's leadership includes Co-CEOs Ryan Matthew Lane and John K. Kim, and Executive VP & CFO Greg Endo. Recent activities include active management of its capital structure, share repurchase programs, and the repayment of term loans using proceeds from offerings and Bitcoin sales. The company has also faced shareholder activism regarding its Bitcoin-centric strategy, which it has publicly addressed, reiterating its commitment to closing the gap between its share price and net asset value.
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