TechFlame reports that the US stock listed company LiveOne (LVO) announced the purchase of Bitcoin at an average price of $117,885, with a total investment of millions of dollars. At the same time, ARCA is responsible for managing the Bitcoin revenue strategy, and AnchorageDigital provides digital asset escrow. On July 16, US stock listed company LiveOne (LVO) publicly issued 8.9 million US dollars of common stock to support the launch of its Bitcoin earnings financial strategy. The initial allocation of the strategy was 10 million US dollars, and the total approval of the board of directors reached 500 million US dollars.