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Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal

Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal
Photo: The Block

BTC when published $80,818Now $80,595 ▼ −0.28% since it was published

The issue centers on a deal with Scilex, under which Scilex agreed to buy shares of Datavault AI for $150 million, payable in bitcoin.

First reported by The Block. This page is a short excerpt; the full text is theirs.

Read the full story at The Block (opens in a new tab)

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