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BOTS, Inc. (BTZI)

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0.1145-0.0145 (-11.24%)
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Neutralpattern detected
Previous Close0.1290
Open0.1250
BidN/A x N/A
AskN/A x N/A
Day's Range0.1000 - 0.1299
52 Week Range0.0220 - 0.3790
Volume2,544,121
Avg. Volume5,628,183
Market Cap57.636M
Beta (5Y Monthly)-0.15
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    BOTS Inc. Acquiring 50% Stake in Decentralized Exchange, Beadswap

    SAN JUAN, April 19, 2021 (GLOBE NEWSWIRE) -- BOTS, Inc. (OTC: BTZI), a vertical integrator and an emerging innovator of products, technologies, and services for the rapidly growing digital robotics automation, cybersecurity, and manufacturing industry, announced today that it entered into an agreement to acquire 50% ownership of Beadswap (in beta) from Equity Art Corp. The purchase includes 50% ownership in a related 8.1 trillion beadswap coins (CRYPTO: BEAD) generated on the Ethereum blockchain and listed on Beadswap as seen here: https://info.beadswap.me/#/home "We were attracted to the carefully designed Beadswap knowing that similar decentralized exchanges such as Uniswap enjoy a market cap of more than 10 billion USD with smaller upstart competitors to Uniswap quickly reaching more than 1 billion in market cap after launching as well as the magnitude of the seller's assets and operational magnitude," stated Bots' Chairman, Simon Rubin. A recent article published by Forbes.com entitled Coinbase, Kraken, Gemini, And Other Crypto Exchanges Must Embrace Defi To Capture Growth –described the following: "Coinbase's direct listing on Nasdaq is a watershed moment for the crypto industry. It will be the first public crypto company with pure and dependable cash flows that are on par with some of the largest and most established exchanges in the world. Coinbase generated 2020 revenue of $1.3 billion, compared to CBOE's $1.2 billion, Nasdaq's $2.9 billion, and CME's $4.9 billion. Despite launching a myriad of products such as Commerce (SPSC ), Earn, Custody, staking, and others, trading fees make up the lion's share of Coinbase's $3.4 billion LTD revenue, at approximately 96%. DEXs are a type of crypto exchange within the decentralized finance ("Defi") ecosystem that allows for direct peer-to-peer transactions to take place without intermediaries. By utilizing decentralized smart contracts encoded on public blockchains, users always retain their private keys, which removes counterparty risk inherent to centralized exchanges. Defi offers a fast-growing ecosystem of continuous innovation as distributed project teams interact with open-source protocols and create novel use cases previously unimaginable. In order to be competitive and retain market share, centralized exchanges must form mutually beneficial symbiotic relationships with Defi platforms and products. "DEXs” such as Uniswap, Sushiswap, 0x, Curve, Serum, Balancer, and others combined monthly volume surpassed $61 billion in January of this year. Six months prior, in July 2020, the combined DEX monthly volume was just $4.9 billion, an astounding increase of over 1,100%. Although the combined volume of centralized exchanges in January was considerably higher at $906 billion, DEX volume is catching up with a current volume ratio of 7%, up from 4.6% in July of last year. "Coinbase, Kraken, Gemini, and other exchanges are thriving, but what will happen if decentralized exchanges ("DEXs") continue their spectacular growth, fundamentally threatening to disrupt their centralized counterparts?" In unrelated news, Bots expects to file its 10K later today and plans to provide an additional update when it reports its full third-quarter results later this month. About Equity Art Corporation Equity Art Corp., founded in 2004, is a large-scale enterprise specializing in asset collection, art trade, product development, and tourism. Headquartered in Xi'an, China, the Company's business philosophy is inspired by the history and culture of the ancient Silk Road. Equity Art's flagship property is the Silk Route Museum, one of the largest privately-owned museums in China. It features a construction area of over 10,000 square meters and contains an international collection of over 35,000 works of fine art, historical artifacts, fossils, and jade masterpieces. The Company's other projects include one of the world's largest subterranean art galleries, the Dunhuang Natural History museum, a 700-acre Silk Road tourism and expo center, an art auction business, and the online travel platform Silkroad.host. Recognizing the unique opportunity presented by blockchain to provide more reliable provenance tracking for art and antiques, the Company in 2018 created Equity Art Online; a digital division focused on utilizing distributed ledger technology, 3D scanning, and non-fungible tokens (NFT) to advance the art and museum industries. Beadswap, a decentralized asset exchange, is one of the core components of this initiative. About Beadswap Beadswap.me is a decentralized exchange built on the Ethereum network. Users can swap, create markets, add liquidity, and stake Ethereum-based tokens without the use of an intermediary. Unlike traditional, centralized market-making, Beadswap uses an automated market maker (AMM) protocol to facilitate decentralized trading so that prices are determined algorithmically instead of through an order book. Shang He, Vice President of Equity Art Online, commented, "The total value locked in Defi platforms grew from around $1 billion a year ago to over $60 billion currently. We are excited to bring this groundbreaking new technology to help revolutionize the art and tourism sectors." About BOTS, Inc. Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) is a diversified company developing and servicing blockchain, cybersecurity, and robotics solutions for its clientele. The Company is committed to driving the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA). Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our SEC filings, press releases, public conference calls, and webcasts. We also use social media to communicate with our subscribers and the public about our Company, services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in our Company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time. Track BTZI news on Facebook @ https://www.facebook.com/Bots.Bz/ Follow BTZI news on Twitter @Bots_bz http://www.Twitter.com/Bots_bz Find BTZI news at http://www.bots.bz Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit http://www.bots.bz Visit BTZI on Facebook https://www.facebook.com/Bots.Bz/ Follow BTZI on Twitter @Bots_bz Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the Company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's website and filings. Contact: Paul Rosenberg CEO paul@bots.bz

  • GlobeNewswire

    BOTS INC NOW ACCEPTS DOGECOIN AS FORM OF PAYMENT FOR ALL PRODUCTS AND SERVICES

    SAN JUAN, Puerto Rico, April 16, 2021 (GLOBE NEWSWIRE) -- BOTS, Inc. (OTC: BTZI), a vertical integrator and an emerging innovator of products, technologies, and services for the rapidly growing digital robotics automation and manufacturing industry, today announced the Company became one of the first publicly traded companies to accept Dogecoin as a form of payment for all of its products and services. Like Bitcoin, Ethereum, and Litecoin, Dogecoin is also a popular cryptocurrency people use to buy and trade. Dogecoin was introduced in 2013 and has been used primarily as a tipping system on Reddit and Tipestry to reward the creation or sharing of quality content. Dogecoin is also unique for some other features. For instance, it is powered by Blockchain technology with 60 seconds intervals. This means faster transaction verifications. Bots Inc also began accepting several additional cryptocurrencies such as Bitcoin, Ethereum, Litecoin. Our shareholders can monitor daily Dogecoin prices here: https://finance.yahoo.com/quote/DOGE-USD/ CNBC reported today that Dogecoin spikes 300% in a week. Now, defying all odds, Dogecoin is worth $34 billion, and its price has risen by a whopping 500% in the last seven days. Why is Dogecoin rallying? For one, there's the Coinbase listing, the most popular U.S. virtual currency exchange which went public on Wednesday, briefly hitting a $100 billion market cap in a landmark moment for cryptocurrencies. The excitement around Coinbase's debut led to a surge in the prices of bitcoin and Ether. Bitcoin hit a record high of more than $64,000 on Thursday, while Ether briefly topped $2,500 for the first time Friday morning. Dogecoin has been no exception to the frenzied interest in these digital assets. Dogecoin has attracted a following among users of Robinhood. On Thursday, the U.S. online brokerage said there was a "major outage" in its crypto trading feature after facing "unprecedented demand." The feature is now back online, Robinhood said. Some reports have attributed the latest dogecoin rally to support for the meme-based token from Tesla CEO Elon Musk. Musk has made several tweets about Dogecoin, which in turn has helped push up its price. On Thursday, Musk posted a cryptic tweet saying, "Doge Barking at the Moon," likely in reference to the popular crypto slang phrase "to the moon." Dogecoin has grown to a fully-fledged coin accepted by many merchants. It has one of the lowest transaction fees, which is great for our customers with their newfound Dogecoin wealth. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. As a result- Dogecoin has surpassed its all-time high recently, growing by 300% in a matter of one day, reaching a market cap of more than $ 49 billion, according to NASDAQ stock market data. However, $DOGE is not a stock ( https://www.nasdaq.com/market-activity/cryptocurrency/doge ). Dogecoin Becomes Most Mentioned Crypto on Twitter Ever as Price Soars. According to digital asset data firm TheTIE, the massive volume of mentions over a 24-hour period marked the altcoin out as the most tweeted cryptocurrency of all time. Dogecoin surpassed previous tweet records for bitcoin set on January 2, 2021, and December 22, 2017, the firm said. "We have been developing a new type of Dogecoin miner and decided to accept Dogecoin as payment. We are one of the first publicly traded (perhaps the second in history) companies to accept Dogecoin. Many companies, including car dealerships, now also accept this coin", – commented Paul Rosenberg, Bots CEO. The Dogecoin community, on the popular website, Reddit has grown into 1,3 million members. Bots joins a rapidly growing list of merchants that are adapting to fit the needs of modern consumers and becomes perhaps the first miner repair business accepting Dogecoins. About BOTS, Inc. Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) is a diversified company developing and servicing blockchain, cybersecurity, and robotics solutions for its clientele. The Company is committed to driving the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA). Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our SEC filings, press releases, public conference calls, and webcasts. We also use social media to communicate with our subscribers and the public about our Company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in our Company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time. Track BTZI news on Facebook @ https://www.facebook.com/Bots.Bz/ Follow BTZI news on Twitter @Bots_bz http://www.Twitter.com/Bots_bz Find BTZI news at http://www.bots.bz Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit http://www.bots.bz Visit BTZI on Facebook https://www.facebook.com/Bots.Bz/ Follow BTZI on Twitter @Bots_bz Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the Company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's website and filings. Contact: Paul Rosenberg CEO paul@bots.bz

  • GlobeNewswire

    BOTS INC ANNOUNCES EXPANSION OF BITCOIN MINING RIG REPAIRS CAPACITY AND REMOTE DIAGNOSTIC SERVICES FOR BITCOIN MINING FARMS

    SAN JUAN, Puerto Rico, April 15, 2021 (GLOBE NEWSWIRE) -- BOTS, Inc. (OTC: BTZI), a vertical integrator and an emerging innovator of products, technologies, and services for the rapidly growing digital robotics automation and manufacturing industry, today announced the increased capacity of Bitcoin and Ethereum miner rig repairs nationwide -conducted through our newly authorized repair facility. Our affiliated repair facility will be able to repair and process up to 1000 bitcoin miners per day. The expansion comes at a time when the dramatic rise of Bitcoin price is fueling a robust appetite for bitcoin mining farms as miners begin to discover the much-needed services provided by Bots, Inc. As reported earlier, Bitcoinmagazine.com recently wrote: "Mining equipment shortages, not just in North America but around the world, including China, are currently a big issue in the industry. As bitcoin's price continues to reach all-time highs, there is pressure on ASIC foundries and equipment manufacturers to try and meet the demand from both newly interested customers and older mining companies that need to upgrade to remain competitive. Estimated wait times for new mining equipment are at least six months, with leading manufacturers like Bitmain sold out until September 2021. There has also been a significant price increase in the secondary market for used ASICs. Researchandmarkets.com published Global Cryptocurrency Mining Hardware Market 2020-2024 report indicated that the cryptocurrency mining hardware market is poised to grow by $ 2.80 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. BOTS' Internal research indicates that demand for refurbished cryptocurrency mining electronic equipment in emerging nations is also a significant driver augmenting the market. There are millions of Bitcoins and Ethereum mining rigs deployed in the USA. Bitmain customers report high failure rates occurring on leading Bitcoin mining hardware which are experiencing a 20 to 30% failure rate, creating an ever-growing demand for our repair services. U.S.-based bitcoin miner repair capacity is significantly lagging. Bots Inc will be introducing and offering as its newest service, the first-ever bitcoin miners warranty program in North America, in the immediate future. About BOTS, Inc. Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) is a diversified company developing and servicing blockchain, cybersecurity, and robotics solutions for its clientele. The Company is committed to driving the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA). Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our SEC filings, press releases, public conference calls, and webcasts. We also use social media to communicate with our subscribers and the public about our Company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in our Company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time. Track BTZI news on Facebook @ https://www.facebook.com/Bots.Bz/ Follow BTZI news on Twitter @Bots_bz http://www.Twitter.com/Bots_bz Find BTZI news at http://www.bots.bz Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit http://www.bots.bz Visit BTZI on Facebook https://www.facebook.com/Bots.Bz/ Follow BTZI on Twitter @Bots_bz Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the Company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's website and filings. Contact: Paul Rosenberg CEO paul@bots.bz