iPower Secures $4.05M Collateral with $2.2M Cash, 15.1 BTC and 301.1 ETH
iPower’s collateral account holds $2.2 million cash, 15.1 Bitcoin and 301.1 Ethereum, valuing the portfolio at approximately $4.05 million. These assets exceed the $3.69 million note balance, bolstering the company’s balance sheet and strategic flexibility for future growth initiatives.
1. Collateral Account Details
As of April 28, 2026, iPower’s collateral account comprises $2.2 million in cash, 15.1 Bitcoin and 301.1 Ethereum, for an aggregate reference market value of approximately $4.05 million. This compares to a remaining note balance of $3.69 million owed to its institutional investor.
2. Enhanced Financial Flexibility
The surplus of marketable digital assets over the note balance strengthens iPower’s balance sheet, providing additional optionality for strategic decisions. Management highlights that this position supports disciplined capital allocation, operational efficiency and the evaluation of future growth opportunities.
3. Strategic Growth Outlook
With an improved financial foundation, iPower plans to explore operating partnerships, technology initiatives and supply chain optimizations. The company expects this flexibility to underpin its long-term strategy of platform expansion and shareholder value creation.