iPower completes initial digital asset treasury purchases

iPower (IPW) completed its initial acquisitions under its Digital Asset Treasury strategy, marking the Company’s first deployment of capital into digital assets. On Friday, December 26, through a subsidiary account maintained at BitGo, iPower executed the following transactions as part of its DAT strategy: Purchased 15.1 Bitcoin 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 at an average price of $2,934.67 per ETH, for a total notional value of approximately $883,600.