iPower Secures $30 Million Financing Facility to Launch Digital Asset Treasury

Reuters2025-12-23

iPower Secures $30 Million Financing Facility to Launch <a href="https://laohu8.com/S/DAAQU">Digital Asset</a> Treasury

iPower Inc. has entered into a $30 million convertible note financing facility with a US-based institutional investor to support its Digital Asset Treasury $(DAT)$ strategy. Of the initial $9 million in committed funding, approximately $4.4 million will be allocated to establishing a treasury holding Bitcoin and Ethereum. Additional proceeds will be used to repay the company’s existing short-term bridge loan and provide working capital. For subsequent tranches, around 80% of the proceeds are intended for acquiring digital assets. The financing aims to strengthen iPower’s balance sheet and support operational strategies, including potential acquisitions and the development of consumer-facing digital asset products.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iPower Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-009319), on December 23, 2025, and is solely responsible for the information contained therein.

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