iPower Completes Initial Digital Asset Treasury Purchases
iPower (Nasdaq: IPW) completed its initial Digital Asset Treasury purchases on December 26, 2025, marking the company's first capital deployment into crypto.
Rhea-AI Summary
iPower (Nasdaq: IPW) completed its initial Digital Asset Treasury purchases on December 26, 2025, marking the company's first capital deployment into crypto.
Transactions executed through a BitGo subsidiary account:
- Purchased 15.1 BTC at an average price of $87,686.33 per BTC (total ≈ $1,325,400).
- Purchased 301.1 ETH at an average price of $2,934.67 per ETH (total ≈ $883,600).
iPower said these purchases reflect a measured approach with custody and control arrangements and that it may evaluate additional purchases in coming weeks subject to market conditions and its risk management framework.
Positive
- Initial DAT deployment of approximately $2.21M
- Custody executed via a BitGo subsidiary account
- First-time digital asset exposure under a defined DAT strategy
Negative
- Concentrated crypto exposure of approximately $2.21M added to treasury
- Potential for additional purchases in coming weeks could affect liquidity or capital allocation
Details
News Market Reaction – IPW
In the Dec 29 session, IPW declined 17.32%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Bitcoin purchased
- 15.1 BTC
- Initial Digital Asset Treasury deployment
- BTC average price
- $87,686.33 per BTC
- Initial Digital Asset Treasury deployment
- BTC notional value
- approximately $1,325,400
- Initial Digital Asset Treasury deployment
- Ethereum purchased
- 301.1 ETH
- Initial Digital Asset Treasury deployment
- ETH average price
- $2,934.67 per ETH
- Initial Digital Asset Treasury deployment
- ETH notional value
- approximately $883,600
- Initial Digital Asset Treasury deployment
Historical Context
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Announced $30M convertible note facility to fund Digital Asset Treasury and growth.
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Fully repaid JPMorgan ABL using a no-fee 6.5% bridge loan to simplify capital.
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Reported Q1 2026 with lower revenue but improved net loss and reduced debt.
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Regained compliance with Nasdaq $1.00 minimum bid price requirement.
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Began pursuing alternative funding solutions to enhance liquidity and flexibility.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
digital asset treasury financial
bitcoin financial
ethereum financial
digital assets financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
RANCHO CUCAMONGA, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that it has completed its initial acquisitions under its Digital Asset Treasury (“DAT”) strategy, marking the Company’s first deployment of capital into digital assets.
On Friday, December 26, 2025, through a subsidiary account maintained at BitGo, iPower executed the following transactions as part of its DAT strategy:
- Purchased 15.1 Bitcoin (BTC) at an average price of
$87,686.33 per BTC, for a total notional value of approximately$1,325,400 ; and - Purchased 301.1 Ethereum (ETH) at an average price of
$2,934.67 per ETH, for a total notional value of approximately$883,600 .
“We view this initial deployment as an important milestone in executing our broader crypto strategy,” said Lawrence Tan, CEO of iPower. “These purchases reflect a disciplined and measured approach to building digital asset exposure, supported by defined custody and control arrangements. We intend to continue evaluating additional purchases over time, subject to market conditions and our internal risk management framework.”
iPower noted that it may make additional digital asset purchases in the coming weeks, depending on market conditions and capital availability, consistent with the parameters of its DAT strategy.
About iPower Inc.
iPower Inc. (Nasdaq: IPW) is a technology- and data-driven online retailer and a provider of value-added e-commerce services for third-party products and brands. iPower operates a nationwide fulfillment network and is expanding infrastructure across software, logistics, and manufacturing, with an aim to also pursue initiatives in digital assets and blockchain integration. For more information, please visit www.meetipower.com.
Forward-Looking Statements
All statements other than statements of historical fact in this press release are forward-looking statements, including statements regarding the implementation of iPower’s DAT strategy, the anticipated benefits of holding digital assets, and iPower’s future business plans in this sector. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that iPower believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. iPower undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although iPower believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and iPower cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results and performance in iPower's Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other SEC filings.
Media & Investor Contact
IPW.IR@meetipower.com
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