Scilex Announces $150 Million Bitcoin Investment in Datavault AI

PANews reported on September 26th that, according to GlobeNewswire, Scilex Holding Company announced that it would 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 indicates that Scilex will receive up to 279 million shares of Datavault common stock and will have the right to nominate directors.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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