GgoogleGB first seen 1 d ago, last 23 h ago, peak #2
Datavault AI stock plunges 50% on frozen bitcoin
Original: datavault ai inc
Datavault AI Inc shares fell about 50% after the company said it could not withdraw bitcoin tied to a $150 million deal. The plunge has drawn attention to the firm's crypto-linked financing arrangements and raised questions among investors about what went wrong with the locked funds and the deal's viability.
Why now: The sharp stock collapse and the news that $150 million in bitcoin is inaccessible are alarming investors right now.
Evidence
- Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal · The Block
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