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Datavault AI is reclassifying the Bitcoin tied to the $150 million Scilex Holding Company stock purchase as a subscription receivable, which presents as a reduction of stockholders' equity rather than a cryptocurrency asset
Bitcoin treasury stock plunges 50% after firm says it can’t access its BTCBitcoin Treasury Stock Crashes 50% Amid Withdrawal Trouble - U.TodayDatavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million dealDatavault AI shares crash after company says it can't withdraw its Bitcoin from BiconomyDatavault AI stock crashes 50% after failed Biconomy Bitcoin withdrawals - Cryptopolitan