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Datavault AI surged 102% after securing a $150M Bitcoin investment from Scilex, eliminating debt and shifting to a digital assets platform.
Datavault AI (NASDAQ: DVLT) surged over 102% after securing a $150 million strategic investment from biotech firm Scilex Holding, paid in Bitcoin.
The funding, which will eliminate the company’s debt, supports its shift from audio technology to building a platform for verifiable, tradable digital assets using 72 patents.
By Q2 2025, Datavault reported $1.7 million in revenue, a 467% year-over-year increase, plus $2.5 million in unrecognized licensing revenue.
The partnership with Scilex, a major player in the $288 billion data analytics market, provides access to critical ecosystems and accelerates development of AI-powered data exchanges and supercomputing infrastructure, marking a pivotal transformation from a niche microcap to a high-potential disruptor in the data economy.
Datavault AI subió un 102% después de asegurar una inversión de $ 150 millones en Bitcoin de Scilex, eliminando la deuda y cambiando a una plataforma de activos digitales.