Datavault shares dropped nearly 50% after the company said it plans to restate four financial periods following a reassessment of an equity deal funded with bitcoin. The company also expects to remove $49 million from its June 2026 assets as a result of that review. The disclosure, reported by The Defiant, centers on how the transaction will be reflected in the company’s financial statements rather than on any new operating development. The available source material does not specify the exact four periods involved or provide additional detail on the structure of the bitcoin-funded equity deal, but it does make clear that the reassessment will lead to a sizable reduction in reported assets for June 2026.
Datavault shares plunged nearly 50% after the company said it plans to restate four financial periods following a reassessment of an equity deal funded with bitcoin.
The company said it expects to remove $49 million from its June 2026 assets after revisiting the accounting treatment tied to that transaction.
Four periods set for restatement
According to The Defiant, the planned revision affects four financial periods. The trigger was a reassessment of a bitcoin-funded equity deal disclosed by the company.
$49 million asset reduction expected for June 2026
Datavault expects the review to result in a $49 million reduction from assets reported for June 2026. The source material does not specify which four periods will be restated or provide more detail on the structure of the transaction.
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