New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
**iPower Strengthens Cryptocurrency Fund with $30 Million Bond Package from Nasdaq**
iPower has announced the completion of a $30 million convertible bond financing round, marking a significant step in its strategic shift towards blockchain financial services. Supported by investors, the company will initiate the first phase with $9 million, of which $4.4 million will be directly allocated to accumulate Bitcoin and Ethereum—two of the largest cryptocurrencies by market capitalization.
**Capital Allocation and Expansion Plans**
The remaining portion of the initial $9 million will be used to enhance working capital and support business operations. Notably, the company has committed that 80% of future cash flows will be directed toward expanding its cryptocurrency asset portfolio, demonstrating a long-term commitment to its new strategic direction.
**Strategic Transition Context**
This move is not accidental but part of a comprehensive plan announced by iPower in June, when the company officially declared a complete shift to digital asset financial services and blockchain technology. By developing its own token, the company aims to diversify its asset structure and open new growth opportunities during the evolving cryptocurrency market period.