Empery Digital Announces $20M Strategic Investment in Cardinal Data Power

What Happened
Empery Digital Inc. announced a $20 million strategic investment in Cardinal Data Power, Inc. (CDP). The Company entered a definitive agreement and closed the purchase of CDP Series A preferred stock on July 20, 2026; a press release about the transaction was issued on July 23, 2026. The financing is intended to support CDP’s inaugural data center campus in West Texas, for which CDP has a letter of intent for a 750 MW Phase I campus.

Key Details

• Empery purchased $20.0 million of CDP Series A preferred stock, representing approximately an 8% ownership stake.
• The investment closed on July 20, 2026 and was part of an approximately $70 million Series A financing for CDP.
• CDP’s Series A proceeds are intended to support its inaugural West Texas data center campus; CDP has an LOI for a 750 MW Phase I campus.
• The investment is made in the context of Empery’s strategic partnership with Hunt Properties and its stated strategy to allocate capital to digital infrastructure.

Why It Matters
This transaction shows Empery shifting or allocating capital into digital infrastructure by taking an equity position in a data center developer tied to Hunt Properties. For investors, the deal could provide exposure to growth in large-scale, behind-the-meter data center projects if CDP’s plans proceed. The filing also contains customary forward-looking statements and lists risks (including market, regulatory, power/connectivity, data center demand, and crypto-price volatility) that could affect outcomes; the Company cautioned investors not to place undue reliance on forward-looking statements.