Core Viewpoint - iPower Inc. has initiated a $30 million convertible note financing to launch its Digital Asset Treasury strategy, aiming to integrate digital assets with real-world commerce [1][3]. Group 1: Financing Details - The financing includes an initial $9 million commitment, with approximately $4.4 million allocated to establish a digital asset treasury that will hold Bitcoin and Ethereum [2]. - The proceeds will also be used to repay existing short-term loans and enhance working capital [2]. Group 2: Strategic Intent - This financing marks a significant step in iPower's broader crypto strategy, leveraging its established business with $59 million in trailing 12-month revenue as of September 30, 2025 [3]. - The company aims to create a digital asset treasury that serves as a bridge between e-commerce and digital assets, focusing on long-term value creation rather than short-term speculation [3]. Group 3: Future Plans - iPower plans to evaluate strategic acquisitions and investment opportunities to generate positive Return on Invested Capital (ROIC) using its enhanced balance sheet [4]. - The company intends to collaborate with licensed digital asset product providers to develop compliant consumer-facing products, utilizing its existing platforms and analytics capabilities [4].