LiveOne (LVO) announced that it has increased its Bitcoin holdings to over $5M. In addition, the company acquired an additional 347,000 shares of PodcastOne (PODC), bringing its total holdings to approximately 2.1M shares since PODC became a public company. “Bitcoin represents a key component of our treasury strategy, providing both diversification and potential long-term growth. We are committed to responsibly expanding our digital asset holdings while continuing to innovate across music, entertainment, and Web3 initiatives,” said Robert Ellin, Chairman and CEO of LiveOne.
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Read More on LVO:
- PodcastOne sees FY26 adjusted EBTIDA of $4.5M-$6M on revenue of $55M-$60M
- LiveOne reports repurchase of over 5M shares, says $5.9M remaining in program
- LiveOne Holds Annual Meeting, Elects Board Members
- LiveOne files to sell 3.0M shares of common stock for holders
- LiveOne doubles Bitcoin holdings to over $4M
