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✉news BusinessCrypto first seen 15 h ago, last 2 min ago, peak #10

Bitcoin treasury firm Datavault AI plunges 50% on inaccessible BTC

Original: Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTC

Datavault AI, a company holding bitcoin as a treasury asset, saw its shares collapse roughly 50% after revealing it cannot access its bitcoin holdings. The disclosure stunned investors, wiping out half the company's market value in a single session and raising fresh doubts about the safety of corporate bitcoin treasuries and the firms built around them.

Why now: A crypto-treasury company losing access to its bitcoin triggered a dramatic share collapse, alarming investors.

Datavault AIBitcoinCoinDesk

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