Listed company iPower completes initial purchase of 15.1 BTC and 301.1 ETH digital assets

According to TechFlow, on December 29, as reported by Globenewswire, Nasdaq-listed digital asset treasury company iPower announced that it has completed its first batch of digital asset purchases totaling approximately $2.21 million. This includes spending $1,325,400 to purchase 15.1 bitcoins (at an average price of $87,686.33 each), and $883,600 to purchase 301.1 ETH (at an average price of $2,934.67 each). The company stated that it plans to further increase its holdings of bitcoin, ethereum, and other digital assets in the coming weeks depending on market conditions.