Datavault Plans $49 Million Asset Cut as Shares Fall Nearly 50%

Datavault plans to restate four financial periods after reassessing a Bitcoin (BTC)-funded equity deal, a change expected to reduce its reported June 2026 assets by $49 million. Its shares fell nearly 50% after the disclosure, putting the planned accounting change and the equity-market reaction in focus. The $49 million figure is an expected reduction tied to the June 2026 asset balance. Datavault’s revisions remain planned, making the amount an anticipated change to reported assets rather than a completed restatement. The company plans revisions across four periods, so the review covers more than the June balance alone.

Source: TokenPost