Datavault AI (DVLT) Stock Skyrockets on Bitcoin Deal & AI Hype – Is the 400% Rally Sustainable?
Datavault AI (NASDAQ: DVLT) surged over 400% in a month, fueled by AI and crypto speculation, and secured a $150 million Bitcoin investment from Scilex Holding. The company signed a letter of intent to acquire NYIAX and expanded partnerships with IBM. DVLT remains pre-revenue, posting a net loss last quarter, but management raised its 2025 outlook. Analyst sentiment is split, with a wide range of price targets.