Datavault AI Shares Plunge After Bitcoin Treasury Firm Loses Access to Its BTC Holdings
Key Highlights: Datavault determined that roughly 1,328 Bitcoin tied to a $150 million share-purchase transaction with Scilex Holding never qualified as company-owned digital assets. The company will restate its 2025 annual report and three subsequent quarterly filings, slashing reported total assets by tens of millions of dollars across multiple quarters. Due to the loss of ...