Empery Digital Inc. (NASDAQ: EMPD) (the "Company" or "Empery Digital") today provided an update on its Midwest data center investment and its share repurchases.

The Company and Hunt Properties, Inc. ("Hunt Properties") continue to advance lease negotiations for the Midwest AI data center facility and expect to execute a lease in the near term. While these negotiations continue to progress, the definitive agreement to purchase the property has been amended and extended to maintain flexibility while lease negotiations continue. Management believes that the Midwest data center facility is ideally positioned to serve hyperscalers due to the immediate availability of 150 megawatts of power with an owned 

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