BREAKING 🚨
Datavault AI shares tumble nearly 50% after it admits Bitcoin withdrawal failure 📉.
The Nasdaq‑listed firm disclosed a June withdrawal request remained incomplete, revealing that 1,309 BTC were only off‑chain credits. It sold 491 BTC back to Scilex for $40.5 million, and will restate four financial statements, cutting year‑end 2025 assets by $92.2 million. Management now questions its going‑concern status ⚡.
Stay tuned for updates 📢
$INIT, $WENB , $IDOL
Datavault AI shares tumble nearly 50% after it admits Bitcoin withdrawal failure 📉.
The Nasdaq‑listed firm disclosed a June withdrawal request remained incomplete, revealing that 1,309 BTC were only off‑chain credits. It sold 491 BTC back to Scilex for $40.5 million, and will restate four financial statements, cutting year‑end 2025 assets by $92.2 million. Management now questions its going‑concern status ⚡.
Stay tuned for updates 📢
$INIT, $WENB , $IDOL