iPower reports $4.05 million in collateral account assets
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iPower Highlights Strengthened Balance Sheet Position and Increased Strategic Flexibility
April 29, 2026 9:30 AM EDTRANCHO CUCAMONGA, California, April 29, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (iPower or the Company), a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, today provided an update on its balance sheet position and financial flexibility.
As of April 28, 2026, the Companys collateral account includes approximately $2.2 million of U.S. dollar cash, 15.1 Bitcoin and 301.1 Ethereum. 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 $4.05 million, compared with an approximately... More
