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TechFlow, October 1 — According to Globenewswire, LiveOne CEO Robert Ellin released a letter to shareholders announcing that its board has approved a $500 million capital allocation to expand its cryptocurrency treasury reserves. The Nasdaq-listed company previously invested over $5 million in Bitcoin purchases and has also completed a $6.5 million share buyback.
According to Globenewswire, LiveOne CEO Robert Ellin, a Nasdaq-listed company, released a letter to shareholders disclosing that its board has approved a $500 million capital authorization to expand its treasury reserves in crypto assets. The company previously invested over $5 million in Bitcoin and has also completed a $6.5 million share buyback.
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