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iPower Announces Strategic Shift Toward Crypto Treasury and Blockchain Infrastructure Services
Globenewswire· 2025-06-17 13:00
Core Viewpoint - iPower Inc. is undergoing a strategic transformation to become a crypto treasury and blockchain infrastructure services company, focusing initially on building a Bitcoin treasury strategy as a key growth component [1][2][5]. Group 1: Strategic Shift - The company plans to accumulate Bitcoin as a treasury reserve asset to create a long-term store of value and enhance financial resilience [2][3]. - CEO Lawrence Tan emphasized that the decision to enter Bitcoin is based on a long-term view of digital assets as a viable treasury component, aligning with the company's goals of enhancing balance sheet resilience [3][5]. Group 2: New Services and Integration - iPower intends to expand into blockchain-related retail services, leveraging its operational expertise to deliver consumer-facing offerings [3][4]. - The new services will be integrated into iPower's proprietary SuperSuite platform, which will evolve to support both eCommerce and blockchain-aligned business solutions [4][5]. Group 3: Future Outlook - The strategic pivot reflects iPower's goal of aligning operations with future-facing technologies and market demand, with a primary focus on the digital asset economy and consumer access to blockchain tools [5][6]. - Additional updates regarding treasury activities, new product offerings, and partnerships are expected in the coming months [6].
Amber International to Ring Nasdaq Closing Bell on March 28, 2025, Celebrating Successful Nasdaq Listing and Strategic Growth Momentum
Prnewswire· 2025-03-26 13:00
SINGAPORE, March 26, 2025 /PRNewswire/ -- Amber International Holding Limited (Nasdaq: AMBR) ("Amber International," "we," "us," "Company," or "AMBR"), a leading provider of institutional crypto financial services & solutions and operating under the brand name "Amber Premium," today announced it will celebrate its recent Nasdaq listing and accelerating growth by ringing the Nasdaq Closing Bell on Friday, March 28, 2025.The ceremony underscores Amber International's successful transition to a publicly listed ...