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**iPower Strengthens Cryptocurrency Fund with $30 Million Bond Package from Nasdaq**
iPower has announced the completion of a $30 million convertible bond financing round, marking a significant step in its strategic shift towards blockchain financial services. Supported by investors, the company will initiate the first phase with $9 million, of which $4.4 million will be directly allocated to accumulate Bitcoin and Ethereum—two of the largest cryptocurrencies by market capitalization.
**Capital Allocation and Expansion Plans**
The remaining portion of the initial $9 million will be used to enh
View OriginaliPower has announced the completion of a $30 million convertible bond financing round, marking a significant step in its strategic shift towards blockchain financial services. Supported by investors, the company will initiate the first phase with $9 million, of which $4.4 million will be directly allocated to accumulate Bitcoin and Ethereum—two of the largest cryptocurrencies by market capitalization.
**Capital Allocation and Expansion Plans**
The remaining portion of the initial $9 million will be used to enh