LiveOne Commits Up To $500M To Bitcoin Holdings; Buys At Average Price $117,885/Coin, Partners With ARCA For Yield Strategy And Anchorage Digital For Custody
Author: Benzinga Newsdesk | August 14, 2025 12:32pm
- LiveOne purchases multimillion-dollar position in Bitcoin at an average price $117,885 per coin
- Leveraging ARCA's track record to manage Bitcoin yield strategy
- Anchorage Digital provides secure custody and management of the digital assets
- Board of Directors committed up to $500M to grow Bitcoin holdings
LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced that it has purchased Bitcoin as part of the company's previously announced crypto long-term treasury yield management strategy.
Posted In: LVO