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Empery Digital Invests $20M in AI Data Center Developer CDP, Takes 8% Stake

2026-07-23 12:49:26

According to BlockBeats, on July 23, Empery Digital (EMPD) completed a $20 million preferred stock strategic investment in Cardinal Data Power (CDP), securing approximately 8% equity stake in the company.

The investment forms part of CDP's $70 million Series A funding round. The capital will be fully allocated toward developing CDP's first AI data center campus in West Texas.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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