LiveOne (NASDAQ: LVO) has announced the completion of a $45 million restructuring plan, which includes cost reductions and streamlining its workforce to 95 employees. The company is also leveraging AI to enhance operational efficiency. According to its financial report, LiveOne holds over $18 million in cash, including $5 million in Bitcoin. Additionally, the board has approved a crypto treasury authorization of up to $500 million.
LiveOne Completes $45 Million Restructuring, Boosts Crypto Holdings
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