Dogecoin Cash Acquires 420M $DOG Tokens in Strategic Deal with Bots, Inc.

Dogecoin Cash, Inc. (OTCQB: CBDS), formerly Cannabis Sativa, Inc., has signed a definitive agreement to acquire 420 million DogeCoin Cash ($DOG) tokens from Bots, Inc., a Puerto Rico-based blockchain firm. In exchange, CBDS will issue 4.2 million shares of its common stock. This acquisition strengthens CBDS's digital asset strategy, expanding its presence in tokenization and blockchain-based payments.

The transaction is set to close on March 1, 2025. As part of the deal, CBDS will create a Binance Wallet to facilitate the transfer of $DOG tokens, currently visible on BSCScan. Bots, Inc. and its affiliate, Bullet Blockchain (BULT), collectively hold 840 million $DOG and have agreed to transfer half to Dogecoin Cash, Inc.

This follows CBDS’s prior acquisition of 600 million $DOG from DogeSPAC, LLC, bringing its total holdings to 1.02 billion tokens. With this expansion, Dogecoin Cash strengthens its position as a key player in the $DOG ecosystem.

David Tobias, CEO and Chairman of CBDS, emphasized the strategic importance of this move, stating, "This acquisition aligns with our vision to integrate blockchain technology and leverage digital assets for long-term value creation."

By expanding its $DOG holdings, CBDS is advancing its commitment to blockchain-based financial solutions. The company aims to capitalize on emerging opportunities in the digital asset space, positioning itself as a leader in blockchain innovation.