Empery Digital Inc.

Management Commits to Optimizing Balance Sheet to Decrease Discount to NAV

**AUSTIN, Texas – February 2, 2026 –**Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today provided a corporate update regarding its ongoing efforts to maximize shareholder value.

The Company is returning to maximizing share repurchases in its continued effort to address the gap between the Company’s enterprise value and its net asset value (“NAV”). This is based on the Company’s fiduciary responsibility to all shareholders and is affirmed by the fact that members of management and the board of directors (the “Board”) are significant shareholders themselves, fully aligned with the objective of maximizing per-share value and closing the NAV gap.

While the Company’s valuation continues to remain at a material discount to NAV, management will maximize share repurchases, funded by sales of bitcoin, incremental drawdowns on our debt facilities or a combination of the two based on the Company’s leverage ratios and valuation relative to NAV. This process began on Friday and is expected to continue. Sales of bitcoin on any given day will be made in coordination with contemporaneous share repurchases, to the extent practicable, to effectively lock in the accretion as securities laws limit the number of shares that can be repurchased on any given day.

“From day one, we have been acutely focused on maximizing value for our shareholders,” said Ryan Lane, Co-CEO of Empery Digital. “Despite our consistent actions to increase NAV per share, our current market valuation continues to reflect a material discount to our NAV. We believe this disconnect requires continued action as we remain committed to closing the gap.”

We look forward to continuing to engage with our shareholders as the Board and management seek to maximize value for all shareholders.

“We continue to believe bitcoin is the store of value for the future and although the recent price action in bitcoin has discouraged some, we remain steadfast in our views,” continued Ryan Lane. “Years from now, when we look back at these temporary bitcoin price declines, they will seem irrelevant.”