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Datavault AI shares dropped 49.6% to $0.067 on Tuesday after the firm disclosed it cannot withdraw bitcoin tied to a $150 million deal with Scilex. Filed on Oct. 26, the company stated it sold about $40.5 million worth of bitcoin back to Scilex between September 2025 and January 2026.
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Summary by ByteBrief
Bitcoin Drops 3% as AI Fears Rise