Empery Digital Inc. closed a $20 million preferred equity investment in Cardinal Data Power, Inc. (CDP), representing an approximately 8% ownership stake in the developer of behind-the-meter powered data center campuses. This investment was part of a $70 million Series A financing for CDP to support its inaugural 750 MW Phase I data center campus in West Texas. Empery Digital is a digital asset and AI infrastructure investment company focused on building long-term shareholder value through a bitcoin treasury strategy and strategic expansion into data center investments.
