GgoogleGB first seen 21 h ago, last 21 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
API: https://socialmediatrends-api.osmike.com/v1/trends/3978084