iPower Inc. 8-K

What Happened

• On June 4, 2026, iPower Inc. announced via press release (furnished as Exhibit 99.1) that it completed an initial purchase of approximately $1 million worth of USDai, the synthetic dollar token of the USD.AI protocol. The company said it intends to stake the acquired USDai into sUSDai, USD.AI’s yield-bearing token, as part of its AI infrastructure investment strategy. The filing notes the press release is being furnished, not “filed,” under the Exchange Act.

Key Details

• Date of announcement: June 4, 2026.
• Purchase amount: approximately $1,000,000 in USDai.
• Plan: stake USDai into sUSDai (a yield-bearing token on the USD.AI protocol).
• Disclosure status: information furnished on Form 8-K (Exhibit 99.1) and not deemed filed under Section 18 of the Exchange Act.

Why It Matters

• This filing shows iPower is allocating corporate capital to a crypto-native asset (USDai) and to staking activity (sUSDai) as part of its AI infrastructure strategy, which could change the company’s asset exposure and operational focus.
• For investors, the move introduces exposure to the USD.AI protocol and the crypto staking market—potential for yield but also protocol and market risks. The company’s disclosure is limited to the initial purchase and staking intent; it does not provide projected returns, material financial impacts, or broader allocation details.