Datavault AI Secures Major Bitcoin Investment from Scilex in Second Financing Tranche

Datavault AI completed the second tranche of its equity financing arrangement with Scilex Holding Company, issuing a Scilex pre-funded warrant for 263,914,094 shares of Datavault common stock in exchange for approximately 1,237.6 Bitcoin. This transaction followed stockholder approval of the warrant share issuance and an increase in authorized shares at the November 24, 2025 annual meeting. The financing builds upon Scilex's initial investment from September 26, 2025 and represents a significant strategic move to strengthen Datavault's financial position and operational capabilities.

The primary objectives of this financing include strengthening Datavault's digital asset reserves, expanding its supercomputing infrastructure, and supporting platform growth initiatives. This substantial Bitcoin investment provides Datavault with enhanced liquidity and asset diversification while positioning the company for accelerated development in the competitive AI sector. The transaction underscores the growing intersection between traditional equity financing and cryptocurrency assets in corporate investment strategies.

Concurrently, the companies are advancing their AI collaboration that includes a worldwide exclusive biotech-sector license with up to $2.55 billion in potential milestones and scheduled upfront payments through September 2026. This partnership represents one of the largest potential value collaborations in the AI-biotech intersection, highlighting the significant commercial potential of Datavault's technology platform. The exclusive license arrangement provides Scilex with access to Datavault's proprietary AI capabilities while generating substantial potential revenue streams for both companies.

Datavault's technology platform serves multiple industries through its cloud-based solutions, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and other sectors. The company's Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects. This technology foundation supports the company's focus on fostering responsible AI with integrity while providing comprehensive solutions for experiential data perception, valuation and secure monetization.

The latest news and updates relating to DVLT are available in the company's newsroom at https://ibn.fm/DVLT. To view the full press release, visit https://ibn.fm/rmEzb. The transaction represents a significant milestone in corporate financing strategies that integrate traditional equity instruments with cryptocurrency assets, potentially setting a precedent for future technology company investments.