Datavault AI Says It Can’t Access Its Bitcoin, Will Restate Four Reports

Two separate problems landing at once — an operational one around custody access and an accounting one around prior filings — is what makes this more than a routine disclosure. The custody issue raises a question that extends beyond this single company: whether tokens held on a third-party platform are truly available when needed, a concern that touches any treasury strategy built on exchange balances. The restatement tied to the Scilex transaction adds reporting credibility to the list of things under scrutiny. Whether the Bitcoin access is resolved, and how the restated figures differ from the originals, are the open questions.