Empery Digital Pours $20M Into AI Data Center Builder Cardinal Data Power, Accelerating Pivot From Bitcoin Treasury Strategy
Bitcoin treasury company Empery Digital has invested $20 million in Cardinal Data Power, a private developer of powered data center campuses built for artificial intelligence and high-performance computing workloads. The investment was part of Cardinal's roughly $70 million Series A financing round and netted Empery an approximate 8% stake in the firm. The deal signals a deepening shift in Empery's corporate strategy as it redirects capital away from its Bitcoin (BTC) treasury model and into AI infrastructure.