Scilex
Scilex agreed to buy shares of Datavault AI for $150 million, payable in Bitcoin. Bitcoin is the payment currency for the $150 million share purchase from Scilex of Datavault AI. Bitcoin treasury Datavault AI received bitcoin from Scilex Holding Company pursuant to a September 2025 agreement Bitcoin treasury Datavault AI sold 491.4 BTC back to Scilex Holding Company for about $40.5 million in cash Biconomy supplied bitcoin that was used by Scilex Holding Company to support the investment in Datavault AI Scilex Holding Company sold $200 million of shares in its subsidiary Semnur to Biconomy for bitcoin in June 2026 Scilex Holding Company used bitcoin received from its share sale to purchase $150 million worth of Datavault AI shares and warrants Datavault AI received $150 million in Bitcoin from Scilex Holding. Scilex Holding agreed to exchange $200 million of Semnur Pharmaceuticals shares for Bitcoin. Scilex Holding hired crypto exchange Biconomy to support its plans. Scilex Holding credited 1,309.04 BTC to Datavault AI’s Biconomy wallet on September 26 , 2025 Datavault AI sold 491.431 BTC back to Scilex Holding between September 26 , 2025 and January 30 , 2026 Scilex Holding signed a term sheet to buy 837 BTC in Datavault AI’s Biconomy wallet for $50 million on June 24 , 2026 Datavault AI will restate four financial reports tied to a $150 million Scilex Holding deal· Entity summary generated by Graphiti
Relation timeline
BY VALID-FROM DATE- BiconomySUPPLIED BITCOIN TOScilex
Biconomy supplied bitcoin that was used by Scilex Holding Company to support the investment in Datavault AI
- ScilexAGREED TO BUY SHARES OFDatavault AI
Scilex agreed to buy shares of Datavault AI for $150 million, payable in Bitcoin.
- BitcoinUSED AS PAYMENT FORScilex
Bitcoin is the payment currency for the $150 million share purchase from Scilex of Datavault AI.
- Datavault AIRESTATE REPORTS TIED TOScilex
Datavault AI will restate four financial reports tied to a $150 million Scilex Holding deal
- ScilexSIGNED TERM SHEET TO BUY BTCBiconomy wallet
Scilex Holding signed a term sheet to buy 837 BTC in Datavault AI’s Biconomy wallet for $50 million on June 24 , 2026
- ScilexSOLD SHARES OFSemnur
Scilex Holding Company sold $200 million of shares in its subsidiary Semnur to Biconomy for bitcoin in June 2026
- ScilexUSED BITCOIN TO PURCHASEDatavault AI
Scilex Holding Company used bitcoin received from its share sale to purchase $150 million worth of Datavault AI shares and warrants
- Datavault AISOLD BTC TOScilex
Datavault AI sold 491.431 BTC back to Scilex Holding between September 26 , 2025 and January 30 , 2026
- ScilexCREDITED BTC TOBiconomy wallet
Scilex Holding credited 1,309.04 BTC to Datavault AI’s Biconomy wallet on September 26 , 2025
- Datavault AIRECEIVED BITCOIN FROMScilex
Bitcoin treasury Datavault AI received bitcoin from Scilex Holding Company pursuant to a September 2025 agreement
- ScilexEXCHANGED SEMNUR SHARES FOR BITCOINGellert Global Group
Scilex Holding agreed to exchange $200 million of Semnur Pharmaceuticals shares for Bitcoin.
- ScilexHIREDBiconomy
Scilex Holding hired crypto exchange Biconomy to support its plans.
- Datavault AISOLD BITCOIN TOScilex
Bitcoin treasury Datavault AI sold 491.4 BTC back to Scilex Holding Company for about $40.5 million in cash
- Datavault AIRECEIVED BITCOIN FROMScilex
Datavault AI received $150 million in Bitcoin from Scilex Holding.
Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.
Source reports 4
- Bitcoin Treasury Datavault AI Says It Can’t Access Its BTC, Stock TanksDecrypt · 2026-10-29
- $150 Million Bitcoin Controversy Crashes a Nasdaq StockBeInCrypto · 2026-10-28
- Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTCCoinDesk · 2026-10-28
- Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million dealThe Block · 2026-10-28