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

www.theblock.co ·Oct 28, 2026 · 3:00 AM UTC Briefing
Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal
This is an automated briefing. PulseLedger aggregates content that publishers distribute through public RSS feeds; the text below reflects what www.theblock.co made available in its feed. For general information only — not investment advice.
The issue centers on a deal with Scilex, under which Scilex agreed to buy shares of Datavault AI for $150 million, payable in bitcoin.
PulseLedger provides this story for general information only. Content and images are credited to www.theblock.co; headlines and data are aggregated automatically from public feeds. Nothing here is financial, legal, or tax advice and it is not a recommendation to buy or sell any asset.
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