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Datavault AI Bitcoin Withdrawal Failure Triggers Stock Selloff

CoinCentral·October 28, 2026·1 min read
Datavault AI Bitcoin Withdrawal Failure Triggers Stock Selloff

Datavault AI shares plunged 49.55% to $0.067 after revealing that Biconomy has not completed its requested Bitcoin withdrawal since June 2026. Scilex credited 1,309.04 BTC through a $150 million share purchase agreement from September 2025. Accounting corrections could reduce Datavault's reported December 2025 assets by $92.2 million.

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