SCHEDULE 13G/A: Empery Asset Management Amends Stake in BTC Digital Ltd., Reports 4.49% Beneficial Ownership
Beneficial Ownership Report Amendment
Empery Asset Management, LP and its managing members have filed an amended Schedule 13G, disclosing a 4.49% beneficial ownership stake in BTC Digital Ltd. as of March 31, 2025.
Summary
- Empery Asset Management, LP, along with Ryan M. Lane and Martin D. Hoe, filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in BTC Digital Ltd.
- As of March 31, 2025, the reporting persons collectively beneficially own 274,981 Ordinary Shares of BTC Digital Ltd.
- This ownership represents 4.49% of the company's Ordinary Shares outstanding.
- The percentage is calculated based on a total of 6,123,975 Ordinary Shares, which includes 5,025,249 Ordinary Shares outstanding as of December 9, 2024, 228,853 Ordinary Shares issued on December 11, 2024, and 869,873 Ordinary Shares issued upon exercise of warrants by the Empery Funds after December 9, 2024, and March 31, 2025.
- Empery Asset Management, LP serves as the investment manager for the funds holding these shares, and Mr. Lane and Mr. Hoe are Managing Members of the General Partner of the Investment Manager.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing disclosing beneficial ownership, which is neutral in sentiment. It does not contain forward-looking statements, financial performance, or strategic updates that would typically influence sentiment.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by an institutional investor, providing transparency on their stake in BTC Digital Ltd. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership stake of a significant institutional investor, Empery Asset Management, LP, and its associated individuals.
Key Dates
| Date | Description |
|---|---|
| December 9, 2024 | Date of 5,025,249 Ordinary Shares outstanding as reported in the Company's Prospectus Supplement on Form 424(b)(5). |
| December 11, 2024 | Date 228,853 Ordinary Shares were issued upon partial exercise of underwriters' overallotment option. |
| December 12, 2024 | Date of the Company's Current Report on Form 8-K reporting the December 11, 2024 share issuance. |
| March 31, 2025 | Date of event which requires filing of this statement (reporting period end date for beneficial ownership). |
| April 29, 2025 | Date of filing of this Schedule 13G/A. |
Keywords
Beneficial Ownership, Schedule 13G, SEC Filing, Investment Management, BTC Digital Ltd., Empery Asset Management, Ordinary Shares
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