According to BlockBeats, on August 15, the U.S. publicly traded company LiveOne (LVO) announced the purchase of Bitcoin at an average price of $117,885, with a total investment amount reaching several million dollars. The Bitcoin revenue strategy management is handled by ARCA, with digital asset custody provided by Anchorage Digital.
On July 16, the U.S. publicly traded company LiveOne (LVO) publicly issued $8.9 million in common stock to support the launch of its Bitcoin revenue financial strategy, which has an initial allocation of $10 million and a total amount of up to $500 million approved by the board.