Volcon Goes All-In on Bitcoin at Record Highs—Slashing Float to Prove It

When the herd hesitates, Volcon doubles down. The firm just made its boldest Bitcoin bet yet—buying at all-time highs while aggressively trimming its float. No half-measures here.

Cutting supply to signal conviction

While retail traders panic-sell into strength, Volcon's move screams long-term belief. Reducing outstanding shares during ATHs isn't just confidence—it's a calculated power play. The message? 'We're not flipping.'

Wall Street's going to hate this

Traditionalists will scoff at buying the top. But crypto natives know: true believers accumulate—whether at $20K or $200K. Meanwhile, hedge funds are still trying to short ETFs. Good luck with that.

One cynical footnote: Nothing boosts a stock like artificial scarcity. Just ask every CFO who's ever done a buyback.

Can Volcon’s Bitcoin gambit outmaneuver early movers?

Volcon, originally known for its electric off-road vehicles, formally adopted its Bitcoin treasury strategy on July 17, rebranding shortly after as Empery Digital.

But Volcon is late in entering an increasingly crowded field. Unlike early adopters like Strategy, which began stacking BTC in 2020 at sub-$10,000 prices, Volcon is entering the game at NEAR all-time highs.

Additionally, public companies already hold over 3% of all Bitcoin ever mined, with Strategy alone controlling a staggering 607,770 BTC, a position worth roughly $72 billion at current prices.

Strategy’s success has been nothing short of meteoric: its stock has surged 3,500% since 2020, outpacing even Bitcoin’s own 1,100% rally. The firm’s recent $2 billion capital raise, backed by Wall Street heavyweights like Morgan Stanley and Barclays, proves institutional investors now see Bitcoin accumulation as a legitimate and potentially lucrative corporate strategy.

To mitigate the late entry, is deploying hedge fund-style tactics, including:

• Short-term put options to potentially buy more BTC below market price while collecting premiums
• A $100 million stock buyback to tighten its float and boost Bitcoin-per-share metrics
• Active treasury management, leveraging its team’s financial expertise to optimize entry points

Ryan Lane, Co-CEO of Volcon, said:

“As a continuous aggregator of BTC, we will leverage our team’s decades of hedge fund experience to implement creative ways to lower the effective purchase price of BTC as we look to offer investors the most efficient, least dilutive, and lowest-cost means of gaining exposure to Bitcoin through the public equity market treasury structure.”

Volcon’s strategy hinges on two risky assumptions: that Bitcoin’s long-term appreciation will outweigh its high entry price, and that its financial engineering can outpace dilution. Strategy succeeded because it bought early and held relentlessly. Volcon doesn’t have that luxury.