iPower says collateral account includes $2.2M cash, 15.1 BTC, 301.1 ETH

iPower (IPW) provided an update on its balance sheet position and financial flexibility. As of April 28, 2026, the Company’s collateral account includes approximately $2M of U.S. dollar cash, 15.1 Bitcoin (BTC-USD) and 301.1 Ethereum (ETH-USD). Based on current reference market prices, the aggregate reference market value of the cash and marketable digital assets held in the collateral account is approximately $4.05M, compared with an approximately $3.69M remaining note balance outstanding to the Company’s institutional investor. The Company believes this position enhances its financial flexibility and provides additional optionality as it continues to execute its operating strategy, improve efficiency, and evaluate future growth opportunities.