Datavault Discloses Biconomy Bitcoin Withdrawal Stalled
Start here
AI-assisted source synthesis · not an independent investigation.
In June 2026, Datavault AI submitted a Bitcoin withdrawal request to Biconomy; as of the disclosure on October 28, 2026, the request had still not been processed, and the Bitcoin in question had been held for about four months. In an SEC filing, the company warned that four sets of financial statements covering the third quarter of 2025 through the second quarter of 2026 were no longer entirely accurate. Following the news, Datavault AI shares fell 49.6% in a single day, closing at $0.067, down from $0.133. The report did not say whether the withdrawal request was subsequently processed.
AI-written from reports · updated 36 minutes ago
Timeline
Follow the reporting to see the different sides of the story.
- CryptopolitanDatavault AI’s stock plunges nearly 50% after four months of failed withdrawals from Biconomy
Datavault AI’s stock fell 49.6% in a single day, from $0.133 to close at $0.067, after it was unable to withdraw Bitcoin held at Biconomy for about 4 months. An SEC filing said a withdrawal request submitted in June 2026 remained unprocessed as of the October disclosure, and the company warned that its four sets of financial statements from Q3 2025 to Q2 2026 were no longer fully accurate.
Heat over time
Not enough consecutive observations yet to draw a trend.