iPower to Plow $30M Into Digital Asset Treasury Strategy
iPower iPower (US:IPW) Crowdfund Insider·2025-12-30 07:56

iPower Inc. (Nasdaq: IPW) recently announced that it has entered into a 30millionconvertiblenotefinancingfacilitytolaunchitsDigitalAssetTreasury(DAT)strategy.ItispartofabroadercryptostrategydesignedtopositiontheCompanyattheintersectionofdigitalassetsandreal−worldcommerce.Themoveissupportedbya30 million convertible note financing facility to launch its Digital Asset Treasury (DAT) strategy. It is part of a broader crypto strategy designed to position the Company at the intersection of digital assets and real-world commerce. The move is supported by a 30 million convertible note facility from a US-based institutional investor.Of the initial 9millionincommittedfunding,approximately9 million in committed funding, approximately 4.4 million of proceeds will be used ...