$150M in Bitcoin Involved: Datavault AI Says It Has Been Unable to Withdraw from Biconomy Since June 2026

Odaily: According to Datavault AI monitoring, the share price of Nasdaq-listed company Datavault AI has fallen by nearly 50%. The company stated that since June 2026, it has been unable to withdraw its Bitcoin holdings from the crypto exchange Biconomy. The Bitcoin in question originated from an equity transaction with Scilex Holding in September 2025; Scilex Holding agreed to purchase Datavault AI shares and warrants with Bitcoin valued at $150 million, and the Bitcoin was credited via an off-chain transfer to Datavault AI's wallet on Biconomy.