LiveOne (Nasdaq: LVO) Launches Bitcoin Partnership with ARCA Utilizing $10.2M Capital Raise
1. LiveOne invested in Bitcoin at $117,885 per coin. 2. Company plans to leverage Bitcoin for long-term treasury yield management. 3. Board committed $500M to increase Bitcoin holdings further. 4. CEO highlighted belief in long-term potential of digital assets. 5. Anchorage Digital will manage LiveOne's Bitcoin custody.