Datavault AI Shares Sink 50% After Bitcoin Withdrawal Trouble
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Datavault AI said an accounting correction will reduce its reported year-end 2025 assets by $92.2 million after it could not withdraw bitcoin held on Biconomy.
Shares of bitcoin treasury company Datavault AI fell 50% after the firm disclosed that it could not access bitcoin held on Biconomy, according to CoinDesk.
The company said it had been unable to withdraw the BTC. The disclosure raises questions about its access to those holdings.
Datavault AI said a related accounting correction would lower its reported assets as of the end of 2025 by $92.2 million.
Source: CoinDesk
