Datavault AI restates financial results due to limited access to some Bitcoin holdings
DVLT Datavault AI Inc
$0.07 +14.53%
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- 1Datavault AI has been unable to withdraw Bitcoin from the cryptocurrency exchange Biconomy since June this year.
- 2Datavault AI's expected reduction in assets is $92.2 million.
- 3A 50% crash in DVLT stock price occurred on October 27.
So what's the key point?
Datavault AI is rewriting its financial records because it cannot withdraw Bitcoin from an exchange. The stock price dropped by half as assets are expected to decrease by $92.2 million.
Source CryptoProwl +1 · View original ↗
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