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Empery Digital, a firm known for holding Bitcoin on its balance sheet, has invested $20 million in Cardinal Data Power, an AI data center developer. The move signals a strategic shift as Empery allocates capital away from its Bitcoin treasury strategy toward AI infrastructure. This investment is Empery's latest push into the AI sector, reflecting a broader trend of crypto-focused companies diversifying into high-growth technology areas. The decision may impact market sentiment around Bitcoin treasury strategies, potentially reducing risk appetite for BTC-linked equities. For intraday traders, the news could introduce volatility in related tokens and stocks as investors reassess the viability of pure-play Bitcoin strategies.
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