Canton Sells Biotech Unit to Focus on Blockchain; Empery Digital Invests $20M in Gigawatt Data Center
ME News report, July 24 (UTC+8): According to comprehensive disclosures from BBX cryptocurrency-related stock information, yesterday the global cryptocurrency asset and compliance-related stock markets sent highly representative strategic signals through business transformations and investments in computing infrastructure. Whether it is non-crypto traditional public companies fully transitioning into blockchain clearing operators by divesting legacy businesses, or cryptocurrency-holding treasury companies heavily investing in downstream gigawatt-scale power data centers, these moves indicate that U.S. public entities are accelerating the deep anchoring of their assets and operations to the Web3 and AI computing infrastructure.
Key Updates Quick Recap
Canton Strategic Holdings, Inc. (NASDAQ: $CNTN) officially announced that it has sold its biotechnology research division, Gravitas Life Sciences, LLC, to Gravitas Collective Corp., with the transaction closing on July 17, 2026. Canton stated that this divestment marks a significant milestone in its transformation into an operating company, and that it will future support the Canton Network through Canton Coin and act as a strategic investor driving the on-chain digital transformation of traditional financial markets.
Empery Digital Inc. (NASDAQ: $EMPD), a U.S. publicly traded company adopting Bitcoin treasury management strategies, announced that it has completed a $20 million preferred equity investment in Cardinal Data Power, Inc. (CDP), representing approximately 8% ownership. Securing a Gigawatt-Scale AI Campus: Empery Digital Inc. (NASDAQ: $EMPD) disclosed that CDP specializes in developing power-driven data center campuses; this funding round will support the construction of its first gigawatt-scale data center campus spanning over 3,000 acres in West Texas (Phase one planned for 2027 commissioning, with long-term capacity exceeding 5GW) to meet the energy demands of next-generation AI and computing.（Source: BBX）
