Empery Digital Announces Update on Share Repurchase Program

Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced an update on its previously authorized share repurchase program.

As of November 14, 2025, the Company has repurchased 11,919,788 shares of its common stock under its $150 million share repurchase program, at an average purchase price per share of $7.27, including all fees and commissions. Following these repurchases, approximately $63 million remains available for future repurchases and the current number of shares outstanding is 39,500,447, after giving effect to the potential exercise of 3,913,538 pre-funded warrants.

Share repurchases have been funded by borrowings under the announced $150 million borrowing facilities of which $90 million has been drawn. Management remains committed to increasing bitcoin per share through accretive share repurchases at prices below NAV to continue to generate value for shareholders.

“Although Bitcoin has been under market pressure for the last couple of weeks, I view this as an opportunity to make impactful repurchases of shares. The more shares management can repurchase for the least amount of dollars deployed, the more BTC can be increased per share,” stated Ryan Lane, Chairman and Co-CEO. Ryan continued, “Given my long-term view of Bitcoin, these purchases present what I believe to be a short term opportunity to make very accretive repurchases.”

See real-time NAV Metrics and other meaningful information on our dashboard here: https://www.emperydigital.com/treasury-dashboard

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About Empery Digital Inc.

Built on Principles, Powered by Bitcoin

Empery Digital empowers progress by unlocking the transformative potential of digital asset management through blockchain. The Company employs a bitcoin treasury strategy focused on aggregating bitcoin and maximizing bitcoin per share while working to build a future where blockchain is the foundation of growth through transparency, efficiency, and accountability. As a company they apply themselves relentlessly by making disciplined decisions that drive long-term value for shareholders. For them, Bitcoin is not just another crypto format and blockchain isn’t just another tool, they’re fundamental drivers of progress.