bitcoin
Datavault Shares Drop Nearly 50% After Biconomy Bitcoin Disclosure
Datavault's stock experienced a dramatic drop of almost half following a disclosure from Biconomy regarding Bitcoin.
The firm anticipates having to revise four separate financial reporting periods. Furthermore, following a reevaluation of an equity transaction financed by Bitcoin, the company projects it will subtract $49 million from its assets slated for June 2026.
