Volcon (VLCN) Initiates Strategic Bitcoin Treasury, Announces $100M Share Buyback
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Volcon Initiates Strategic Bitcoin Treasury Program and Expands Share Repurchase Authorization to $100 Million
July 25, 2025 9:18 AM EDTVolcon Now Holds Over 3,183 BTC
AUSTIN, Texas--(BUSINESS WIRE)-- Volcon, Inc. (NASDAQ: VLCN) (the Company, Volcon or Empery Digital) today announced that as of July 25th at 8:00am ET, the Company holds 3,183.37 BTC acquired for an aggregate purchase price of ~$375 million, reflecting an average purchase price of $117,697 per BTC. The Company has also sold various short-term put contracts giving the Company the opportunity to potentially buy additional BTC at $115,000, $116,000 and $117,000 while collecting option premium to reduce the cost of BTC. This aligns well with the Companys continued BTC acquisition... More
