Volcon (NASDAQ: VLCN) closed a $500 million private placement, allocating over 95% to Bitcoin purchases. The company rebrands as Empery Digital, Inc. with a new ticker symbol “EMPD” and Empery Mobility for its powersports division. Co-founder Ryan Lane emphasizes their commitment to a low-cost, capital-efficient bitcoin treasury strategy.

Read more at Yahoo Finance: Volcon Rebrands to Empery Digital, Launches $500M Bitcoin Treasury Strategy