LiveOne shares fall 1.85% premarket after launching Bitcoin partnership and purchasing multimillion-dollar position in Bitcoin.
ByAinvest
Friday, Aug 15, 2025 9:28 am ET1min read
LVO--
LiveOne Inc. dropped 1.85% in premarket trading, following the announcement of a Bitcoin partnership with Arca. The company has purchased a multimillion-dollar position in Bitcoin at an average price of $117,885 per coin, leveraging Arca’s track record to manage Bitcoin yield strategy. The Board of Directors has committed up to $500M to grow Bitcoin holdings, indicating a strategic step in the company’s treasury yield management.
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