Scilex completes a $150 million BTC investment transaction in Datavault AI, acquiring nearly 279 million shares of common stock

2025-09-27 22:46:53

Collection

ChainCatcher news, according to GlobeNewswire, Nasdaq-listed company Scilex Holding announced that the previously disclosed initial investment transaction of $150 million in Bitcoin for Datavault AI has been completed.

According to the investment terms, the company expects to receive a total of 278,914,094 shares of Datavault common stock, with an effective purchase price of $0.5378 per share.

source

warnning

Risk warning

Related tags

Scilex Holding Datavault AI Bitcoin

Related reading

The founder of Strategy claims that the decline in BTC is due to the rotation of funds into AI rather than "issues with Bitcoin itself," and JPMorgan warns that the legislative window for the CLARITY Act is closing

2026-06-05 10:09

Analysis: The Bitcoin engine of Strategy has malfunctioned, putting pressure on all three types of investors

2026-06-05 09:16

Chainalysis: Gray market peptide suppliers are rapidly shifting to Bitcoin and stablecoins, with a year-on-year surge of 159% in crypto inflows in Q1

2026-06-05 08:24

Beisent: The U.S. Strategic Bitcoin Reserve Plan is steadily advancing

2026-06-04 20:27

Related tags

Scilex Holding Datavault AI Bitcoin

app_icon

ChainCatcher Building the Web3 world with innovations.