From what I learned it's all obviously caused by a faulty battery.
I actually [link|https://www.youtube.com/watch?v=HWp6cUunNzs|found this guide|new_window=true] on reviving a battery in Beats X.
If that doesn't work - here's a [link|https://www.youtube.com/watch?v=fy1kzTq46Pg|guide on replacing a battery|new_window=true] and those guys offer a place to buy a new battery as well.