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

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

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

Key Takeaways

  1. The issue centers on a deal with Scilex, under which Scilex agreed to buy shares of Datavault AI for $150 million, payable in bitcoin.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.