Wu Blockchain has learned that iPower Inc (NASDAQ: IPW) announced a $30 million convertible note financing arrangement with a U.S. institutional investor to kickstart its Digital Asset Treasury (DAT) strategy. Of the initial $9 million committed, approximately $4.4 million will be allocated to acquiring Bitcoin and Ethereum, with the remainder used to repay short-term loans and supplement working capital. Around 80% of the subsequent financing is planned for purchasing digital assets. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54067