
Empery Digital said it will invest US$20 million in AI data centre developer Cardinal Data Centers.
The company said the investment expands its business beyond its Bitcoin (CRYPTO:BTC) treasury strategy.
Empery Digital said the funding will support Cardinal Data Centers as demand for AI computing infrastructure grows.
Empery Digital said the investment aligns with its long-term growth strategy, while the source material did not report a share price reaction.
Bitcoin treasury companies are increasingly investing in AI and data centre projects to diversify their businesses.
The trend highlights growing demand for power and computing capacity as artificial intelligence adoption continues to expand.
At the time of reporting, Bitcoin price was $65,314.02.