The Company intends to stake the acquired USDai into sUSDai, USD.AI's yield-bearing token, as part of iPower's previously announced AI infrastructure investment strategy. The purchase represents the initial tranche of iPower's commitment to invest up to $3.0 million in USD.AI's ecosystem and marks a key step in the Company's plan to participate in the AI infrastructure funding ecosystem.

USD.AI is designed to support financing of AI infrastructure through a digital asset framework that connects capital providers with infrastructure-backed opportunities. The USD.AI ecosystem has attracted institutional and public-market participation, including a previously announced $4.0 million investment by Bullish (NYSE:BLSH) and an investment by Coinbase Ventures in Permian Labs, the developer of USD.AI.

"We believe AI infrastructure financing is becoming an important investment category as demand for compute capacity, data centers and related infrastructure continues to grow," said Lawrence Tan, Chief Executive Officer of iPower. "This initial USD.AI purchase moves iPower from strategy to execution and positions the Company to participate in the capital formation layer supporting AI infrastructure."

iPower intends to continue evaluating opportunities across the AI infrastructure landscape, including digital assets, financing platforms, infrastructure-related investments and other opportunities aligned with its strategic objectives.