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Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal

Published Source: The BlockRead original

Crypto Insight Summary: The issue centers on a deal with Scilex, under which Scilex agreed to buy shares of Datavault AI for $150 million, payable in bitcoin. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large BTC transaction failure raises concerns about liquidity and transaction reliability.

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