Nasdaq-Listed iPower Locks Down $30M Financing Round as It Pushes Into Digital Asset Treasury Operations

RektButAlive · 2026-01-05T13:53:41+00:00

iPower has secured $30 million in convertible note financing to support its Digital Asset Treasury strategy, marking a shift towards blockchain financial services. The company plans to allocate $9 million initially, primarily towards Bitcoin and Ethereum, with 80% of future funding focused on digital asset acquisition. This strategy helps maintain flexibility while transitioning into crypto finance.

RektButAlive

2026-01-05 13:53:41

Abstract generation in progress

E-commerce and supply chain solutions provider iPower, which trades on Nasdaq, has finalized a $30 million convertible note financing to power its newly launched Digital Asset Treasury (DAT) strategy. This represents a significant escalation of the company’s pivot into blockchain-native financial services that was first signaled in June.

Initial Deployment: $9M Capital Allocation

The company is deploying $9 million from the fresh capital in the immediate term. Within this tranche, $4.4 million will flow directly into Bitcoin and Ethereum holdings, establishing a meaningful on-chain presence. The balance serves to bolster operational liquidity and strengthen working capital buffers—a prudent move given the volatility of digital asset markets.

Growth Phase: Aggressive Digital Asset Accumulation

Where things get interesting is the deployment roadmap for remaining capital. iPower has earmarked 80% of subsequent funding rounds for what the company terms “continued digital asset acquisitions.” This signals an aggressive posture: the Nasdaq-listed firm is essentially committing to a long-term, scaled digital asset accumulation strategy rather than a one-time bet.

Strategic Context: From E-Commerce to Crypto Finance

This financing milestone sits at the intersection of iPower’s operational business and its emerging crypto finance ambitions. By securing convertible debt rather than equity, the company maintains operational flexibility while building a treasury that could eventually monetize through token issuance or alternative mechanisms—the .dat framing suggests a structured, branded approach to this transition.

The June announcement laid groundwork; this $30 million capitalization now gives teeth to those strategic intentions.

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