Daily Market Updates: Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal

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At close · Wed, Oct 28, 2026

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Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal

Reported · Written up by our desk · Bitcoin

The issue centers on a deal with Scilex, under which Scilex agreed to buy shares of Datavault AI for $150 million, payable in bitcoin.

Latest closeBitcoin $81,345.65 ▲0.7%

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The BlockDatavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal

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