iPower purchases $1M of USDai, stakes for yield in AI infrastructure push

iPower Inc.

iPower completed an initial $1.0M purchase of USDai, the synthetic dollar of the USD.AI protocol.
Company intends to stake USDai into sUSDai, USD.AI's yield-bearing token, to earn yield.
Purchase is first tranche of a planned up-to-$3.0M investment in USD.AI's ecosystem.
Move shifts iPower from strategy to execution in AI infrastructure investment category.

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