Empery Digital Completes $20 Million Preferred Stock Investment in Cardinal Data Power
2026-07-23 12:43:40
Empery Digital said it completed a $20 million strategic preferred stock investment in AI data center developer Cardinal Data Power and now holds about 8% of the company. According to Odaily, the investment is part of CDP's $70 million Series A financing, and the funds will be used for construction of its first AI data center campus in West Texas.
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