✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #7
Datavault AI stock halves over inaccessible $150 million bitcoin
Original: Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal
Datavault AI's shares fell roughly 50% after the company said it cannot withdraw bitcoin connected to a $150 million deal. The disclosure raised alarm among investors about the firm's finances and its cryptocurrency holdings, with the stock's dramatic single-day collapse drawing wide attention in markets and crypto circles.
Why now: A 50% stock crash tied to inaccessible bitcoin in a $150 million deal is a major shock to investors.
Evidence
- Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal · The Block
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