iPower Enters into Strategic $30 Million Financing Facility to Strengthen Balance Sheet and Launch Digital Asset Treasury

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[{"type":"text","content":"RANCHO CUCAMONGA, Calif., Dec. 23, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) today announced that it has entered into a $30 million convertible note financing facility to launch its Digital Asset Treasury (“DAT”) strategy as part of a broader crypto strategy designed to position the Company at the intersection of digital assets and real-world commerce, supported by a $30 million convertible note facility from a US-based institutional investor (the “Facility”). Of the initial $9 million in committed funding, approximately $4.4 million of proceeds will be used to establish a Digital Asset Treasury, which is expected to hold a combination of Bitcoin and Ethereum. Proceeds will also be used to repay the Company’s existing short-term bridge loan and add cash to the balance sheet for working capital, among other uses. For subsequent tranches, approximately 80% of proceeds are intended to be used to acquire digital assets. This transaction represents iPower’s first concrete step in executing its broader crypto strategy, building on the Company’s foundation as an established operating business with $59 million in trailing 12-month revenue (as of 9/30/25). iPower plans to use the Facility to pursue several attractive operational strategies that may include: Evaluating strategic acquisitions and investment opportunities that allow the company to deploy assets from its newly enhanced balance sheet to generate positive ROIC.Working with licensed and regulated digital asset product providers to develop and distribute compliant, consumer-facing digital asset products, leveraging its existing digital platforms, data systems, and analytics capabilities to integrate and scale these offerings. “This financing strengthens our capital structure with long-term aligned capital, giving us the flexibility to execute a durable growth strategy,” said Lawrence Tan, CEO of iPower Inc. “Our Digital Asset Treasury is designed to be a strategic bridge between e-commerce and digital assets. By combining our platform capabilities, operating experience, and ecosystem relationships, we are focused on integrating digital assets into everyday commerce in a way that supports real economic activity and long-term value creation, rather than short-term speculation.” As part of this strategy, the Company continues to evaluate its operating and capital structure...

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