iPower, a publicly listed company, completed its first purchase of digital assets, consisting of 15.1 BTC and 301.1 ETH.
TL;DR
iPower, a Nasdaq-listed digital asset treasury company, completed its first purchase of 15.1 BTC and 301.1 ETH for about $2.21 million. The company plans to increase its Bitcoin and Ethereum holdings based on market conditions.
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[iPower, a publicly traded digital asset treasury company, completes its first digital asset purchase of 15.1 BTC and 301.1 ETH] According to Mars Finance, Nasdaq-listed digital asset treasury company iPower announced that it has completed its first digital asset purchase totaling approximately $2.21 million, including $1,325,400 for 15.1 Bitcoins (average price $87,686.33) and $883,600 for 301.1 ETH (average price $2,934.67). The company stated that it will further increase its holdings of Bitcoin and Ethereum in the coming weeks depending on market conditions.