1-10-2025 – LiveOne, a music and entertainment tech firm, has completed a $45 million restructuring plan that delivers substantial cost reductions and includes a $5 million investment in Bitcoin assets, according to details first reported by BlockBeats. The company is partnering with Arca to develop a Bitcoin yield strategy aimed at optimizing returns on its crypto holdings.
The restructuring also features board approval for up to $500 million in funding to bolster LiveOne’s cryptocurrency reserves. This initiative extends to tokenizing over 10,000 hours of video content via blockchain, enabling new monetization avenues in the digital entertainment space. The move reflects a broader shift among media companies toward integrating blockchain for asset management and revenue generation, amid growing institutional interest in crypto.
Following the announcement, LiveOne’s shares opened 2.06% higher at $4.215, pushing its market capitalization to $48.64 million. The restructuring positions LiveOne to cut operational expenses while expanding into high-growth areas like tokenized media, potentially strengthening its competitive edge in the entertainment industry.
