LiveOne (Nasdaq: LVO) Launches Bitcoin Partnership with ARCA Utilizing $10.2M Capital Raise
Rhea-AI Summary
LiveOne (Nasdaq: LVO) has announced its entry into the cryptocurrency market through a significant Bitcoin investment, with an initial purchase at an average price of $117,885 per coin. The company has partnered with ARCA for Bitcoin yield strategy management and Anchorage Digital for secure custody services.
The investment follows a $10.2M capital raise and is part of LiveOne's crypto treasury yield management strategy. The company's Board of Directors has committed up to $500M for future Bitcoin holdings expansion, demonstrating a substantial commitment to digital assets.
Positive
- Board commitment of up to $500M for Bitcoin holdings expansion
- Strategic partnership with ARCA for yield management
- Secure custody solution through Anchorage Digital
- Successfully raised $10.2M in capital
Negative
- Significant exposure to volatile cryptocurrency market
- Large capital allocation to speculative digital assets
News Market Reaction – LVO
On the day this news was published, LVO declined 0.73%, reflecting a mild negative market reaction. Argus tracked a peak move of +2.9% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $610K from the company's valuation, bringing the market cap to $83M at that time.
Data tracked by StockTitan Argus on the day of publication.
- LiveOne purchases multimillion-dollar position in Bitcoin at an average price
$117,885 per coin - Leveraging ARCA’s track record to manage Bitcoin yield strategy
- Anchorage Digital provides secure custody and management of the digital assets
- Board of Directors committed up to
$500M to grow Bitcoin holdings
LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced that it has purchased Bitcoin as part of the company’s previously announced crypto long-term treasury yield management strategy.
Robert Ellin, Chairman and CEO of LiveOne commented, "This investment in Bitcoin represents a strategic step in our treasury yield strategy and our ongoing belief in digital assets' long-term potential."
About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne, a dedicated over-the-top application powered by Slacker, is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications. For more information, visit liveone.com and follow us on Facebook, Instagram, TikTok, YouTube and X at @liveone. For more investor information, please visit ir.liveone.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s ability to implement its recently announced crypto treasury strategy and/or purchase crypto assets from time to time pursuant to such strategy, including for the maximum announced amount; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty and risks related to Bitcoin, Ethereum and other digital assets; regulatory developments related to crypto assets and crypto asset markets; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 15, 2025, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
LiveOne Press Contact:
press@liveone.com
Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone.
FAQ
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