Foresight News|Dec 23, 2025 14:35
[NASDAQ-listed company iPower secures $30 million financing agreement to purchase BTC and ETH and establish DAT strategy]
Foresight News reports that NASDAQ-listed company iPower has announced a $30 million convertible note financing agreement to launch its Digital Asset Treasury (DAT) strategy. The company disclosed that $9 million from the initial phase of the financing will be allocated, with $4.4 million intended for purchasing Bitcoin and Ethereum. The remaining funds will be used to increase working capital and strengthen the balance sheet. 80% of the subsequent funds will be dedicated to the continued acquisition of digital assets.
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