PANews August 15 news, according to Globenewswire reports, music, entertainment and technology company LiveOne (NASDAQ: LVO) announced the purchase of millions of dollars worth of Bitcoin for $117,885. The company's board has committed to investing $500 million to increase its Bitcoin holdings. LiveOne has established a Bitcoin partnership with ARCA, which will be responsible for the Bitcoin yield strategy. Anchorage Digital provides secure custody and management for digital assets.