tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Scilex Invests $150 Million in Datavault AI

Story Highlights
  • Scilex invests $150 million in Datavault AI to boost its infrastructure.
  • The investment aims to capture growth in biotech data monetization, leveraging Scilex’s expertise.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scilex Invests $150 Million in Datavault AI

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Scilex Holding Company ( (SCLX) ) has shared an announcement.

On September 25, 2025, Scilex Holding Company announced a $150 million Bitcoin investment in Datavault AI Inc. to accelerate its supercomputing infrastructure and expand data exchanges. This strategic move aims to capture growth in the biotech data monetization market, leveraging Scilex’s expertise in the biotech sector. The agreement involves Scilex purchasing a significant number of Datavault shares, with the potential for Scilex to nominate directors to Datavault’s board, indicating a deepening relationship between the two companies.

The most recent analyst rating on (SCLX) stock is a Buy with a $770.00 price target. To see the full list of analyst forecasts on Scilex Holding Company stock, see the SCLX Stock Forecast page.

More about Scilex Holding Company

Scilex Holding Company is a revenue-generating company focused on acquiring, developing, and commercializing non-opioid pain management products for treating acute and chronic pain, as well as neurodegenerative and cardiometabolic diseases. They aim to address high unmet needs with non-opioid therapies and have a range of commercial products including ZTlido, ELYXYB, and Gloperba.

Average Trading Volume: 233,494

Technical Sentiment Signal: Buy

Current Market Cap: $198.9M

For a thorough assessment of SCLX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1