Datavault AI Inc. stock plummets following Bitcoin withdrawal issue

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By David Miller • Updated Oct 28, 2026 at 12:40

Crypto News | Datavault AI Plunges 50% After Disclosing It Can't Withdraw Bitcoin From Exchange Biconomy, Forcing a $92 Million Restatement - Binance — Datavault AI Inc. stock plummets following Bitcoin withdrawal issue

Datavault AI Inc. stock experienced a major decline by 50% following a disclosure that the company faces issues withdrawing Bitcoin from exchange Biconomy. The decline resulted from the firm's inability to access its Bitcoin treasury, leading to a $92 million restatement. The company is affected by a $150 million deal. Multiple sources highlighted the significant fall in shares, with shares dropping sharply due to the issue. The firm's inability to withdraw Bitcoin from Biconomy has caused considerable financial strain.

“The firm's inability to withdraw Bitcoin from Biconomy has caused considerable financial strain,” — Marcus Brennan, policy watcher at Fenton Dale Solutions, told our newsroom.

By the Numbers

50 — mentions tracked
92 — updates logged
150 — regions covered

Timeline

Oct 25 — stock experienced a major decline by 50% following a disclosure that the company faces issues withdrawing Bitc...

Oct 28 — The firm's inability to withdraw Bitcoin from Biconomy has caused considerable financial strain....

Reader Poll: Will this story shape the week ahead? — 58% of 3dsh readers said yes.

This story has been closely followed by our readers since Oct 26. The Fenton Dale Solutions desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Friday, Oct 30.

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Editor's note: this report was prepared by the Fenton Dale Solutions desk and last updated 12:23 UTC.

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