Datavault AI Inc. stock drops sharply following Bitcoin withdrawal issue

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By Olivia Martinez • 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 drops sharply following Bitcoin withdrawal issue

Datavault AI Inc. stock experienced a major decline by 50% following a disclosure that the company is unable to access its 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 reported the decline in shares, with shares falling significantly due to the issue. The firm's inability to withdraw Bitcoin from Biconomy has caused significant financial impact.

“stock experienced a major decline by 50% following a disclosure that the company is unable to access its Bitcoin from exchange Biconomy,” — Priya Delgado, senior market analyst at Wraycroft Bury Partnership, added during the briefing.

By the Numbers

50 — regions covered
92 — data points verified
150 — sources cross-checked

Timeline

Oct 25 — stock experienced a major decline by 50% following a disclosure that the company is unable to access its Bitco...

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

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This story has been closely followed by our readers since Oct 25. The Wraycroft Bury Partnership 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 Wraycroft Bury Partnership desk and last updated 12:08 UTC.

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