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Crypto networks need hardware; iPower moves to be a U.S. distribution lane
iPower (Nasdaq: IPW) announced a non-binding Memorandum of Understanding (MOU) with Nanopulse to explore U.S. distribution of crypto infrastructure hardware. This initiative aims to leverage iPower’s supply chain capabilities to bridge crypto-native innovation with real-world distribution, with potential for hardware sales and commission-based economics. Despite this strategic move, iPower’s stock declined by over 21%, indicating a negative market reaction.