Datavault AI (DVLT) Stock Skyrockets on Bitcoin Deal & AI Hype – Is the 400% Rally Sustainable?
Datavault AI (NASDAQ: DVLT) surged nearly 30% to $2.19 on Oct. 14, capping a 400% rally since September amid heavy trading and speculation. The company secured a $150 million Bitcoin-funded investment from Scilex and signed a letter of intent to acquire NYIAX Inc. Analyst opinions remain split, with price targets ranging from $3 to $11. DVLT regained Nasdaq compliance as trading volume and volatility spiked.