The board of directors of US-listed company LiveOne has approved a $500 million fund authorization to expand its cryptocurrency treasury reserves.
According to ChainCatcher, market sources report that Robert Ellin, CEO of Nasdaq-listed company LiveOne, has issued a shareholder letter disclosing that its board of directors has approved a $500 million funding authorization to expand its crypto asset treasury reserves. The company has previously invested over $5 million in purchasing bitcoin and has also completed a $6.5 million stock buyback.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yilihua: ETH's target for the next year remains above $10,000
Data: A certain whale/institution has purchased over 8,600 ETH in the past at an average price of $4,402
Online translation tool DeepL may go public in the US as early as next year.
Trending news
MoreCrypto prices
More
