STOCK TITAN

AXIS TECHS GROUP INC - AXTG STOCK NEWS

Welcome to our dedicated page for AXIS TECHS GROUP news (Ticker: AXTG), a resource for investors and traders seeking the latest updates and insights on AXIS TECHS GROUP stock.

AXIS TECHS GROUP INC (AXTG) is a technology company specializing in innovative software solutions for businesses worldwide. With a focus on cutting-edge technologies such as artificial intelligence and blockchain, the company offers a range of products and services that help clients streamline operations and improve efficiency. AXIS TECHS GROUP has recently secured partnerships with industry leaders to expand its market presence and enhance its product offerings. The company's financial performance reflects its commitment to growth and innovation, making it a promising investment opportunity in the tech sector.

Rhea-AI Summary

AXIS TECHNOLOGIES GROUP (OTC: AXTG) has partnered with ABC Legacy Foundation to launch an innovative NFT marketplace focused on natural resources. Through this collaboration, ABCLF will offer Graphite NFTs backed by 670,000 tons of graphite, valued at one billion USD. The project aims to tokenize graphite mining services, allowing token holders to redeem their NFTs for refined graphite or Ethereum. The total anticipated revenue from NFT sales reaches $30.6 million by March 2022. The graphite market is projected to grow significantly, nearing $25.7 billion by 2028, driven by clean energy demands.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.01%
Tags
none
-
Rhea-AI Summary

AXIS TECHNOLOGIES GROUP, INC. (OTC: AXTG) has announced the launch of NFTtoday.tv, a new channel dedicated to NFT entertainment, set to debut in November 2021. It will provide educational resources on digital assets and feature interviews with NFT industry leaders. Additionally, the ETHFUND.io platform plans to drop NFTs for the 'NFT Revolution Documentary' on October 18, 2021. These initiatives aim to enhance engagement in the NFT space and provide creators with a platform for NFT minting and royalties.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.36%
Tags
none
-
Rhea-AI Summary

Axis Technologies Group, Inc. (OTC: AXTG) has officially moved its corporate headquarters to Brentwood, California. This strategic relocation aims to attract creators and entrepreneurs in the decentralized finance (DeFi) space, especially those interested in Non-Fungible Tokens (NFTs). The new office will feature 2,600 square feet dedicated to showcasing its technology, including the TiENCHAT social media application and ETHFUND platform. The move underscores AXTG's commitment to enhancing its marketing efforts and engaging high-profile projects within the rapidly growing NFT market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.09%
Tags
none
Rhea-AI Summary

AXIS TECHNOLOGIES GROUP, INC. (OTC: AXTG) announced that CEO William Tien will be a key speaker at the World NFT & DeFi Summit in Dubai on September 22-23. The event aims to connect leaders in the NFT and DeFi sectors, featuring discussions, networking opportunities, and showcasing the company's subsidiary, TiENCHAT, as a Platinum Partner. TiENCHAT is a blockchain-based social software enabling multilingual networking and digital transactions. AXTG focuses on promoting decentralized finance and blockchain projects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.91%
Tags
none
-
Rhea-AI Summary

AXIS TECHNOLOGIES GROUP, INC. (OTC: AXTG) has secured exclusive rights to develop and market high-value Non-Fungible Tokens (NFTs) featuring a historic baseball signed by Babe Ruth and Roger Maris. This unique memorabilia will be available on AXTG's ETHFUND platform by the end of September 2021. The authenticated signatures, verified by James Spence Authentication, enhance the item’s value. ETHFUND will retain up to 25% of NFT sales proceeds, and the patented technology will allow immersive viewing experiences on mobile devices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
98.2%
Tags
none
-
Rhea-AI Summary

Axis Technologies Group, Inc. (OTCPINK: AXTG) has issued a Letter to Shareholders from CEO William Tien, detailing its focus on decentralized finance (DeFi) and technological advancements. Since May 2019, AXTG has built a new management team, redesigned its corporate website, and made significant acquisitions including TiENCHAT and T8 Exchange. The company is also establishing an Ethereum mining operation in Singapore and launching TiENFARM miners with advanced features. AXTG aims to raise approximately $10 million for continued growth and development in the DeFi sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.21%
Tags
none
Rhea-AI Summary

AXIS TECHNOLOGIES GROUP, INC. (AXTG) has announced its plans to invest in cryptocurrency mining, starting with Ethereum (ETH) through its subsidiary, TiENCHAT. The company is set to order 50 ETH enterprise miners, anticipated to begin operations in Singapore in Q4 2021. Each miner is expected to generate about 1.5 ETH monthly. AXTG aims to scale its operations to over 1,000 miners by mid-2022, both in Singapore and the US. The CEO highlighted the favorable outlook for the cryptocurrency market, noting a significant price increase of ETH over the past year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.38%
Tags
none
-
Rhea-AI Summary

Axis Technologies Group, Inc. (OTC:AXTG) has announced a strategic partnership with O-Power LLC to create the world's first zero-emissions cryptocurrency via advanced power generation technology. The O-Power generators provide constant electricity at a low cost of 1.5¢ per kilowatt without utilizing traditional renewable sources. This innovation aims to alleviate environmental concerns associated with cryptocurrency mining. A proof of concept project is planned for Southern California, expected to be completed in Q3 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
53.85%
Tags
none
-
Rhea-AI Summary

Axis Technologies Group, Inc. (OTC:AXTG) has successfully executed share exchange agreements to acquire TiENCHAT and T8 Exchange, making them wholly owned subsidiaries. The acquisition reflects AXTG's commitment to enhancing its decentralized finance (DeFi) business portfolio. TiENCHAT offers a blockchain-based social payment platform, while T8 Exchange is a decentralized trading platform. Both entities aim to innovate social networking and financial transactions on a global scale, improving user accessibility and efficiency in digital currency transactions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
130%
Tags
Rhea-AI Summary

Axis Technologies Group, Inc. (AXTG) has filed necessary paperwork to achieve Pink Current Information status with OTC Markets. The company has appointed William Tien as its new President and CEO, who brings nearly 30 years of experience in finance and technology. Tien aims to transition AXTG into a blockchain innovation development holding company focused on decentralized finance software platforms. Additionally, Caren Currier takes on the role of Chief Financial Officer while Doreen Sim and Gerard McKeon join as Vice Presidents of Operations and Media, respectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.8%
Tags
management

FAQ

What is the current stock price of AXIS TECHS GROUP (AXTG)?

The current stock price of AXIS TECHS GROUP (AXTG) is $0.0004 as of September 27, 2024.

What is the market cap of AXIS TECHS GROUP (AXTG)?

The market cap of AXIS TECHS GROUP (AXTG) is approximately 124.0K.

What does AXIS TECHS GROUP INC specialize in?

AXIS TECHS GROUP focuses on providing innovative software solutions for businesses worldwide.

What technologies does AXIS TECHS GROUP work with?

The company specializes in cutting-edge technologies such as artificial intelligence and blockchain.

What recent achievements has AXIS TECHS GROUP made?

AXIS TECHS GROUP has secured partnerships with industry leaders to expand its market presence and enhance its product offerings.

How does AXIS TECHS GROUP's financial performance reflect its commitment to growth?

The company's financial performance demonstrates its dedication to innovation and expansion in the tech sector.

Why is AXIS TECHS GROUP considered a promising investment opportunity?

AXIS TECHS GROUP's focus on growth, innovation, and strategic partnerships makes it an attractive investment in the technology industry.

What makes AXIS TECHS GROUP's products and services unique?

The company's products and services help clients streamline operations and improve efficiency using advanced technologies.

How does AXIS TECHS GROUP contribute to the tech sector?

AXIS TECHS GROUP contributes to the tech sector by offering cutting-edge solutions that drive innovation and improve business outcomes.

What market presence does AXIS TECHS GROUP have?

AXIS TECHS GROUP has a global market presence, serving businesses worldwide with its innovative software solutions.

How does AXIS TECHS GROUP support its clients?

AXIS TECHS GROUP supports its clients by providing tailored solutions that address their specific business needs and challenges.

What is AXIS TECHS GROUP's approach to product development?

AXIS TECHS GROUP focuses on developing products that leverage the latest technologies and industry best practices to deliver value to its clients.

AXIS TECHS GROUP INC

OTC:AXTG

AXTG Rankings

AXTG Stock Data

124.05k
Capital Markets
Financial Services
Link
United States of America
Los Angeles