BOTS INC - BTZI STOCK NEWS

BOTS, Inc. (OTC: BTZI) has expanded its Beadswap service to the Binance Smart Chain, allowing users to swap and provide liquidity using $BNB and other Binance assets. The company recently acquired 50% ownership in the Ethereum-based Beadswap and 8.1 trillion Beadswap coins. This move positions Beadswap to compete in the decentralized exchange market, particularly against established platforms like Uniswap and Pancakeswap, which have significant market capitalizations.

BOTS, Inc. (OTC: BTZI) announced the launch of the industry's first combined warranty for bitcoin miners, termed 'MinerGuard™'. This warranty covers labor and components for Bitmain mining rigs, new and used, providing peace-of-mind for operators. The company estimates the extended warranty market exceeds $1.2 billion in the U.S., with plans to expand services worldwide. Additionally, BOTS will introduce a hashing power warranty and a national repair center. The extended warranty segment is projected to reach $50.2 billion by 2026, positioning BOTS as a key player in this emerging market.

BOTS, Inc. (OTC: BTZI) has entered a strategic agreement to exclusively license its Bitcoin ATM intellectual property, including U.S. Patent No. 10,332,205 B1. This follows BTZI's prior acquisition of Bitcoin ATM technology rights, enhancing its position in the cryptocurrency sector. With U.S. Bitcoin ATM installations surging 177% to nearly 16,000, BTZI plans to implement various licensing programs, potentially generating annual revenues of $20-35 million from transaction fees. The company aims to build a global Bitcoin ATM consortium to facilitate customer transactions across networks.

BOTS, Inc. (OTC: BTZI) announced an agreement to acquire 50% ownership of Beadswap from Equity Art Corp., which includes access to 8.1 trillion beadswap coins on the Ethereum blockchain. The acquisition is strategically significant, considering the rapidly growing decentralized exchange (DEX) market, where platforms like Uniswap recently surpassed a $10 billion market cap. BOTS aims to leverage Beadswap’s decentralized technology to enhance its position in the digital automation and blockchain sectors. A 10K filing is expected later today, with further updates on Q3 results to follow.

BOTS, Inc. (OTC: BTZI) has become one of the first publicly traded companies to accept Dogecoin as payment for its products and services, joining the growing trend of businesses integrating cryptocurrencies. This decision follows Dogecoin's remarkable surge, increasing its market cap to over $34 billion, with a reported spike of 300% in a week. Additionally, the company plans to accept other cryptocurrencies such as Bitcoin and Ethereum. CEO Paul Rosenberg emphasized the importance of adapting to consumer needs in the evolving cryptocurrency landscape.

BOTS, Inc. (OTC: BTZI) has expanded its bitcoin and Ethereum miner rig repair capabilities through a newly authorized facility, enabling repairs of up to 1,000 miners daily. This expansion aligns with a surge in bitcoin prices, driving demand in the mining sector. Industry reports indicate a global shortage of mining equipment and high failure rates for existing hardware. To meet increasing demand, BOTS will also introduce a warranty program for bitcoin miners in North America, positioning itself as a pivotal service provider in this evolving market.

BOTS, Inc. (OTC: BTZI) announced the appointment of Dr. Oleksandr Gordieiev as the new CEO, effective May 1, 2021. He succeeds Paul Rosenberg, who will remain until April 30. Dr. Gordieiev brings over 20 years of technology leadership experience and a strong background in cybersecurity and automation. The management transition aims to leverage his expertise during a critical transformation phase for the company. BOTS plans to focus on aggressive U.S. government contracting to enhance its cybersecurity offerings, aligning with substantial COVID-19 relief spending in this sector.

BOTS, Inc. (OTC: BTZI) announced a new evaluation agreement with Emercoin International Development Group, a leader in distributed blockchain services. This partnership highlights several innovative technologies from Emercoin, including solutions for secure digital authentication, decentralized advertising, and NFT management. BOTS, Inc. aims to explore investment opportunities to support Emercoin's market expansion, reflecting a commitment to innovation in blockchain and digital assets. Additionally, the growing interest in NFTs presents a potential avenue for revenue growth as the market continues to evolve.

BOTS, Inc. (OTC: BTZI) announced the launch of a nationwide Bitcoin and Ethereum miner rig repair service through an authorized facility. Amidst global equipment shortages and high demand for cryptocurrency mining rigs, the company aims to address the significant failure rates (20-30%) reported by Bitmain customers. This local repair center will support North American mining farms, enhancing their operational efficiency. The company emphasizes the growing appeal of digital assets among institutional investors, with nearly 80% expressing interest in incorporating them into their portfolios.