IPWvsETHM
iPower vs The Ether Machine
Side-by-side Ethereum treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
IPW
iPower
๐บ๐ธ US
301 ETH
$694.5K market value
ETHM
The Ether Machine
๐บ๐ธ US
496,712 ETH
$1.1B market value
Metric
IPW
ETHM
ETH holdings
301 ETH
496,712 ETH
Market value of ETH
$694.5K
$1.1B
Average cost per ETH
$2,935.00
$4,248.83
Total cost basis
$883.6K
$751.9M
mNAV (market cap รท ETH value)
1.40ร
0.16ร
Last disclosed purchase
โ
10/1/2025
Country
๐บ๐ธ US
๐บ๐ธ US
No tracked purchases yet
- 10/1/2025+1,350 ETH$5.9M
- 9/2/2025+150,000 ETH$649.0M
- 8/4/2025+10,605 ETH$40.1M
- 7/30/2025+15,000 ETH$56.9M
IPW vs ETHM: frequently asked
Which company holds more Ethereum, IPW or ETHM?โพ
The Ether Machine (ETHM) holds 496,712 ETH, compared to iPower's (IPW) 301 ETH โ roughly 1649.7ร more.
What's the total Ethereum value on the balance sheets of IPW and ETHM?โพ
IPW holds $694.5K worth of Ethereum at current market prices. ETHM holds $1.1B.
Who has a lower cost basis per ETH, IPW or ETHM?โพ
IPW's average cost is $2,935.00 per ETH. ETHM's is $4,248.83. IPW is the lower cost basis.
When did IPW last buy Ethereum?โพ
IPW's last ETH purchase isn't in our tracked history yet.
When did ETHM last buy Ethereum?โพ
ETHM disclosed a 1,350 ETH purchase on October 1, 2025.