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Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTC

What CoinDesk reports, why it matters and what remains unconfirmed.

MarketsBy Shaurya Malwa at CoinDesk
Policy visual for Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTC
Live briefing

The story in one view

Reported by
CoinDesk
Coverage lens
Markets and price action
Published
Evidence status
Cross-source reports linked
01 / What happened

What CoinDesk reports

The company said the accounting correction will cut reported assets by $92.2 million at the end of 2025 after bitcoin held on Biconomy could not be withdrawn.
02 / Why it matters

The immediate significance

The report describes a company financing or operating decision. Its importance depends on completed terms, timing and the measurable effect on the business rather than the headline figure alone.

Decrypt has also published a related report, providing another attributed account to compare without treating repetition as proof.

03 / Evidence gaps

What remains unknown

  1. No matched primary document independently supporting the central claim is linked to this page.
Live market check

The named assets, right now

Spot quotes from Kraken, checked .

BTC / USDUS$80,788-0.02% over 24 hours
Developing Across Sources

How the story developed

Decrypt and CoinDesk are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.

The bigger picture

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Further reporting and analysis on this story.

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