The Block· Danny Park·· 3d ago
Datavault AI stock drops 50% after firm says it cannot withdraw bitcoin tied to $150 million deal
Original source: The BlockRead original
AI brief
Datavault AI's stock fell 50% after the company stated it cannot withdraw bitcoin tied to a $150 million deal with Scilex. The deal, under which Scilex agreed to buy shares for $150 million payable in bitcoin, has encountered a withdrawal issue.
Source: The Block · theblock.co