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Another Nasdaq-listed company has started Coin Hoarding.
Scilex Holding's recent move is significant - it has completed a second round of investment in Datavault AI, using Bitcoin as the sole payment method, with a total amount close to $600 million. They have acquired more than 260 million shares, which is approximately $583 million based on the current market price.
This transaction reveals a signal: traditional capital no longer views BTC as a speculative asset, but as a strategic asset. From financial reserves to acquisition payments, Bitcoin is penetrating the capital operation toolbox of listed companies.
Looking at the frequency of these actions, the traditional financial sector's acceptance of cryptocurrency is no longer a trial but a deep binding. The infrastructure for the next cycle may indeed be defined by Bitcoin.