KOMPUTER JADUL-, Dogecoin Cash, Inc, formerly known as Cannabis Sativa, Inc (OTCQB: CBDS), has announced the signing of a definitive agreement with Bots, Inc, a Puerto Rico-based technology and blockchain company. Under the agreement, Dogecoin Cash will acquire 420,000,000 Dogecoin Cash tokens ($DOG), in exchange for 4,200,000 shares of CBDS common stock. The acquisition is in line with Dogecoin Cash’s broader digital asset strategy, including the exploration of new tokenization and digital payment opportunities.
The transaction is scheduled to close on March 1, 2025. As part of the agreement, CBDS will create a Binance Wallet to facilitate the transfer of $DOG. A total of 420 million $DOG tokens, currently visible on BSCScan, will be transferred upon closing.
Bots, Inc, through its affiliate, Bullet Blockchain (BULT), controls 840,000,000 Dogecoin Cash ($DOG) and has agreed to transfer 50% of its holdings to Dogecoin Cash, Inc.
This acquisition follows Dogecoin Cash’s successful completion of its previous acquisition of $600,000,000 $DOG from DogeSPAC, LLC. This transaction increased Dogecoin Cash Inc.’s total Dogecoin Cash ($DOG) holdings to 1.02 billion tokens, solidifying its position as a significant stakeholder in the $DOG ecosystem.
David Tobias, Chairman and CEO of Dogecoin Cash, Inc, expressed his enthusiasm for the deal with Bots, Inc, stating, “This acquisition aligns with our broader vision to integrate blockchain technology into our operations and leverage emerging digital assets for long-term value creation”.
The addition of DogeCoin Cash ($DOG) to the CBDS portfolio offers new opportunities for blockchain-based applications and financial solutions. CBDS is positioning itself as a forward-thinking company, embracing the potential of digital assets in key industries.
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