Scilex announces a $150 million Bitcoin investment in Datavault AI
Sep 26, 2025 10:12:52
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ChainCatcher news, Scilex Holding Company announced that it will invest $150 million in Bitcoin in Datavault AI (NASDAQ: DVLT) to support the expansion of its supercomputing infrastructure and the development of its data trading platform.
The agreement shows that Scilex will receive up to 279 million shares of Datavault common stock and has the right to nominate directors.
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