[Scilex Holding Company Announces $150 Million Bitcoin Investment in Datavault AI] September 26 news, Scilex Holding Company (NASDAQ: SCLX) announced today that it will invest $150 million in Bitcoin into Datavault AI (NASDAQ: DVLT). This investment aims to accelerate the development of Datavault's supercomputing infrastructure and the expansion of its independent data exchange platform. According to the agreement, Scilex will receive approximately 279 million shares of Datavault common stock at a price of about $0.54 per share. The collaboration will focus on the biotech data monetization market, which is projected to reach a scale of $30-50 billion by 2024. Datavault will leverage its Web 3.0 and blockchain technology to provide data security and monetization solutions for the biotech sector.