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Datavault Shares Plunge Nearly 50% After Biconomy Bitcoin Disclosure

By The Defiant Team

The company plans to restate four financial periods and expects to remove $49 million from its June 2026 assets after reassessing a bitcoin-funded equity deal.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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