Core Viewpoint - LiveOne has strategically invested in Bitcoin as part of its long-term treasury yield management strategy, reflecting the company's belief in the long-term potential of digital assets [1][4]. Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, offering premium experiences and content globally through memberships and live and virtual events [2]. - The company's subsidiaries include Slacker, PodcastOne, PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2]. Investment Details - LiveOne has purchased a multimillion-dollar position in Bitcoin at an average price of $117,885 per coin [4]. - The company has committed up to $500 million to grow its Bitcoin holdings, leveraging ARCA's expertise to manage its Bitcoin yield strategy [4]. - Anchorage Digital is responsible for the secure custody and management of LiveOne's digital assets [4].