Music and entertainment firm LiveOne (NASDAQ: LVO) reported that its disclosed Bitcoin holdings have surpassed $5 million, according to a GlobeNewswire release dated September 13. The company’s statement confirms a material position in the cryptocurrency on its balance sheet.
The allocation represents a deliberate treasury management policy to increase exposure to digital assets as part of broader capital deployment and liquidity strategies. Corporate disclosures indicate this is a measured move aligned with balance-sheet diversification rather than an operational revenue shift.
Investors seeking further detail should review LiveOne’s regulatory filings and the GlobeNewswire announcement for precise accounting treatment and timing. The disclosure enhances corporate transparency and allows stakeholders to assess the impact of cryptocurrency holdings on enterprise value and risk metrics.