Scilex Holding Company (NASDAQ: SCLX) has announced a $150 million Bitcoin investment in Datavault AI (NASDAQ: DVLT). The investment aims to accelerate Datavault's supercomputing infrastructure, expand its independent data trading platform, and explore new revenue streams. As part of the agreement, Scilex will receive up to approximately 279 million shares of Datavault common stock and gain the right to nominate directors.
Scilex Holding to Invest $150 Million in Bitcoin in Datavault AI
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