Bitcoin withdrawal issue causes major stock fall in Datavault AI Inc.

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By James Wilson • 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 — Bitcoin withdrawal issue causes major stock fall in Datavault AI Inc.

Datavault AI Inc. stock fell significantly to a significant low following a disclosure that the company cannot withdraw 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 falling significantly due to the issue. The firm's inability to withdraw Bitcoin from Biconomy has caused significant financial impact.

“Multiple sources highlighted the significant fall in shares, with shares falling significantly due to the issue,” — Ingrid Thorne, policy watcher at Healey Gate Financial, told our newsroom.

By the Numbers

92 — reports filed
150 — mentions tracked

Timeline

Oct 28 — stock fell significantly to a significant low following a disclosure that the company cannot withdraw Bitcoin ...

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

Reader Poll: Will this story shape the week ahead? — 56% of Altonika readers said yes.

This story has been closely followed by our readers since Oct 28. The Healey Gate Financial desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Tuesday, Nov 3.

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Editor's note: this report was prepared by the Healey Gate Financial desk and last updated 12:45 UTC.

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