BOTS Acquires ATM Network, Launches Growth Strategy to

BOTS Acquires ATM Network, Launches Growth Strategy to

SAN JUAN, PR, May 26, 2021 (GLOBE NEWSWIRE) — BOTS, Inc. (OTC: BTZI), (“BOTS” or “The Company”), a world expertise firm specialised in Blockchain-based options together with decentralized finance functions for the monetary trade, cybersecurity options, crypto mining, consulting, mining tools restore and insurance coverage, as we speak declares the acquisition of an ATM community and extra crypto belongings as a part of its Bitcoin ATM development technique.  The Company already owns a portfolio of digital belongings and cryptocurrency-related companies resembling BeadSwap, a decentralized crypto alternate and Bitcoin ATM machines and its US patents. 

The buy contains location placement contracts, ATM kiosks and backend software program upkeep agreements. This acquisition enhances BOTS’ Bitcoin ATM patents and is an instrumental a part of its development technique. 

The Company plans on including cryptocurrency buying and selling performance to legacy banking ATMs, main within the newest development because the adoption of digital belongings turns into mainstream.  The integration of cryptocurrencies into main monetary establishments has paved the best way for mass client adoption, BOTS goals to facilitate shopping for and promoting by current and trusted legacy ATM networks already deployed worldwide.  BOTS additionally plans on licensing its Bitcoin ATM IP to unbiased operators nationwide and acquire vital market-share of the U.S. Bitcoin ATM market.

According to Market Data Forecast, the crypto ATM market measurement was valued at 31.3 million USD in 2019 and is estimated to develop to 176.8 million USD by 2025 with a median CAGR of 54.7% over this era, making it one of many fastest-growing sectors in monetary expertise.  BOTS is strategically positioned to capitalize on this development due to its possession of Bitcoin ATM patents within the U.S. and creating expertise to add cryptocurrency buying and selling capabilities to legacy ATM networks worldwide. 

About BOTS, Inc.

BOTS, Inc. is a world expertise firm specialised in Blockchain-based options together with decentralized finance functions for the monetary trade, cybersecurity options and owns a portfolio of digital belongings and crytpo-related companies resembling BeadSwap, a decentralized crypto alternate and Bitcoin ATM machines and US patents.  The Company additionally gives crypto mining consulting, optimization, and crypto mining tools restore and insurance coverage.

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Forward-Looking Statements

Certain statements contained on this press launch might represent “forward-looking statements.” Forward-looking statements present present expectations of future occasions based mostly on sure assumptions and embody any assertion that doesn’t immediately relate to any historic or present reality. Actual outcomes might differ materially from these indicated by such forward-looking statements because of numerous vital components as could also be disclosed within the Company’s filings. In addition to these components, precise future efficiency, outcomes, and outcomes might differ materially due to extra common components, together with (with out limitation) common trade and market situations and development charges, financial situations, and governmental and public coverage adjustments. The forward-looking statements included on this press launch symbolize the Company’s views as of the date of this press launch, and these views may change. However, whereas the Company might elect to replace these forward-looking statements sooner or later sooner or later, the Company particularly disclaims any obligation to achieve this. These forward-looking statements shouldn’t be relied upon as representing the Company’s views as of any date subsequent to the date of the press launch. Such forward-looking statements are dangers which are detailed within the Company’s web site and filings.

Contact:

Oleksandr Gordieiev

CEO

[email protected]

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