Empery Digital announced a $65 million strategic investment for a 25% stake in a 150MW Midwest AI data center property with up to $1 billion in lease potential.
Empery Digital has announced a $65 million strategic investment to acquire a 25% stake in a newly formed acquisition entity that will own a Midwest data center. The transaction is expected to close in Q3 2026, subject to customary closing conditions.
The property has operated as a power-intensive industrial site for the past three years and features an owned substation with infrastructure supporting approximately 150 MW under an existing utility agreement. A recent load study confirmed that the site can nearly double its power capacity to 300 MW, positioning it as highly scalable and suitable for AI workloads.
Hunt Properties, through an affiliate, has executed a non-binding Letter of Intent to negotiate a triple net lease with a "high investment grade global leader in AI computing hardware." This arrangement could generate up to $1 billion in lease payments over the lease term, offering strong credit quality and long-term cash flow visibility. An expansion option could further double these economics.
Empery Digital and Hunt Properties have formed a strategic partnership to jointly source, evaluate, and acquire powered land properties with secured tenants for AI and high-performance computing data centers. Hunt brings decades of expertise in utility interconnection, power procurement, and infrastructure development, while Empery Digital contributes capital markets proficiency and a strong balance sheet, including its Bitcoin holdings. The partnership aims to leverage both organizations' strengths to identify and execute high-value opportunities, with additional pipeline assets already identified and further announcements expected in the coming months.
Effective immediately, Empery Digital will discontinue its treasury dashboard, which previously reported company net asset value based on Bitcoin holdings alone. The company believes this metric no longer reflects its total NAV given its diversification into high-value infrastructure assets. Shareholders will receive updates on material changes in compliance with securities laws.
"This investment is a very unique opportunity to capitalize on the exploding demand for compute and power and partner with some of the best energy operators and investors in North America for the benefit of Empery Digital shareholders," said Ryan Lane, Co-CEO of Empery Digital. "Access to reliable, scalable power infrastructure is becoming increasingly critical as the use of AI and HPC continues to expand. Empery Digital's exceptional team and deep capital markets expertise makes them the ideal partner to fund the power and infrastructure needed for large-scale HPC projects," added Al Allred, Chairman of Hunt Properties.
Empery Digital is a blockchain-focused digital asset manager employing a Bitcoin treasury strategy to aggregate and maximize Bitcoin per share while diversifying into infrastructure assets supporting AI and digital transformation growth. Founded in 1975, Hunt Properties is a recognized leader in commercial real estate with over $2.5 billion in developed and managed assets across the United States, bringing decades of experience in large-scale real estate and infrastructure projects.
This announcement contains forward-looking statements regarding Empery Digital's investment and partnership plans, data center development, anticipated lease payments, and future demand for AI infrastructure. Actual results may differ materially due to risks including market conditions, execution risks, power availability, tenant relationships, and the volatile nature of digital assets and Bitcoin. Investors should review all public filings and consult their own advisors before making investment decisions.