iPower Inc. to pivot to crypto treasury and blockchain infrastructure; Bitcoin as reserve asset

iPower Inc.

Board approved strategic shift to crypto treasury and blockchain infrastructure; Bitcoin treasury as foundational component.
Plans to accumulate Bitcoin as treasury reserve asset for long-term store of value and financial resilience.
New retail services: cloud mining power sales, distribution of home-use mining equipment, and cold wallet launch.
New services to be integrated into SuperSuite platform; existing operations continue during transition.
CEO Lawrence Tan says Bitcoin offers strong reserve asset potential; further updates expected in coming months.

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