iPower purchases $1 million in USDai tokens for AI infrastructure strategy
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iPower Completes Initial $1 Million USD.AI Purchase to Advance AI Infrastructure Strategy
June 4, 2026 9:20 AM EDTRANCHO CUCAMONGA, Calif., June 04, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (iPower or the Company) today announced that it has completed an initial purchase of approximately $1.0 million of USDai, the synthetic dollar of the USD.AI protocol.
The Company intends to stake the acquired USDai into sUSDai, USD.AIs yield-bearing token, as part of iPowers previously announced AI infrastructure investment strategy. The purchase represents the initial tranche of iPowers commitment to invest up to $3.0 million in USD.AIs ecosystem and marks a key step in the Companys... More
