The company said the accounting correction will cut reported assets by $92.2 million at the end of 2025 after bitcoin held on Biconomy could not be withdrawn. Datavault AI shares plunged nearly 50 percent Tuesday after the company disclosed that it had been unable to withdraw bitcoin from the Biconomy exchange since June and would restate its financial results. The company said bitcoin credited through Scilex Holding Company’s $150 million investment should have been recorded as an amount owed…
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