iPower Inc. (Nasdaq: IPW) has taken a significant step forward in its crypto strategy by securing a $30 million convertible note financing facility. This strategic move aims to strengthen the company's balance sheet and launch its Digital Asset Treasury (DAT) initiative, positioning iPower at the forefront of digital assets and real-world commerce.
The initial $9 million in committed funding will be utilized to establish a DAT, holding a combination of Bitcoin and Ethereum. This treasury is designed to serve as a strategic bridge between e-commerce and digital assets, leveraging iPower's platform capabilities, operating experience, and ecosystem relationships. The remaining funds will be allocated to repay short-term bridge loans and enhance the company's working capital.
This financing facility is a pivotal moment for iPower, building upon its established foundation as a technology-driven online retailer with $59 million in trailing 12-month revenue (as of 9/30/25). The company plans to use the funds to pursue strategic acquisitions and investment opportunities, allowing it to deploy assets from its enhanced balance sheet and generate positive Return on Invested Capital (ROIC).
iPower's CEO, Lawrence Tan, emphasized the importance of this move, stating, 'This financing strengthens our capital structure with long-term aligned capital, giving us the flexibility to execute a durable growth strategy.' The company's focus is on integrating digital assets into everyday commerce, supporting real economic activity and long-term value creation, rather than short-term speculation.
As part of this strategy, iPower continues to evaluate its operating and capital structure to maximize long-term stockholder value. This move is a testament to the company's commitment to innovation and its vision for the future of e-commerce and digital assets.
For more information, visit www.meetipower.com. iPower encourages investors to review its Annual Report on Form 10-K and other SEC filings for a comprehensive understanding of its financial condition and future prospects.
