Empery Digital Inc., headquartered in Round Rock, Texas, originally operated under the name Volcon, Inc. The company's initial focus was on the electric off-road vehicle sector, manufacturing products such as e-bikes, utility vehicles, and golf carts. In July 2025, a strategic rebranding led to the company adopting the Empery Digital identity, with a new primary emphasis on a bitcoin treasury strategy. Despite this significant pivot, the company continues to manage its established power sports operations, now unified under the Empery Mobility brand.
Empery Digital Announces $20 Million Strategic Investment in Cardinal Data Power
Empery Digital executed a $20 million strategic investment in Cardinal Data Power, securing an approximate 8% ownership stake in the private developer of hyperscaler-anchored data campuses.
The investment was part of a $70 million Series A round supporting CDP's West Texas campus, where Empery has signed a letter of intent for a 750 MW Phase I project designed to scale to over 5 GW.
Management views the move as a deepening of its partnership with Hunt Properties, positioning Empery to capitalize on the power demands of the AI infrastructure build-out.