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LiveOne bought bitcoin at an average price of $117,885, making a multi-million dollar investment

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2025-08-15 00:50:43
US-listed company LiveOne (LVO) announced the purchase of bitcoin at an average price of $117,885, with a total investment of several million dollars. At the same time, ARCA is responsible for the management of bitcoin income strategy, and AnchorageDigital provides digital asset custody. On July 16, US-listed company LiveOne (LVO) publicly issued 8.90 million US dollars of common stock to support the launch of its bitcoin income financial strategy. The initial allocation of the strategy is $10 million, and the total amount approved by the board is up to $500 million.
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