AI Company’s Stock Craters After Admitting Its Bitcoin Is Stuck on an Exchange Nobody’s Heard of
Datavault AI disclosed that it has been unable to withdraw approximately $65 million worth of Bitcoin from an unknown exchange for four months, leading to a decline in its stock price.
Key points
- $65 million in Bitcoin is inaccessible
- Funds have been stuck for four months
- Company stock price decreased following disclosure
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