iPower Completes Initial Digital Asset Treasury Purchases

Core Insights - iPower Inc. has completed its initial acquisitions under its Digital Asset Treasury (DAT) strategy, marking its first capital deployment into digital assets [1] - The CEO of iPower emphasized that this deployment is a significant milestone in the company's broader crypto strategy, reflecting a disciplined approach to building digital asset exposure [1] - iPower plans to evaluate additional digital asset purchases in the coming weeks, contingent on market conditions and internal risk management [1] Company Overview - iPower Inc. is a technology- and data-driven online retailer that provides value-added e-commerce services for third-party products and brands [2] - The company operates a nationwide fulfillment network and is expanding its infrastructure across software, logistics, and manufacturing, with plans to pursue initiatives in digital assets and blockchain integration [2] Transaction Details - iPower purchased 15.1 Bitcoin (BTC) at an average price of $87,686.33 per BTC, totaling approximately $1,325,400 [4] - The company also purchased 301.1 Ethereum (ETH) at an average price of $2,934.67 per ETH, amounting to approximately $883,600 [4]