The company also owns several crypto-related domain names, which are currently for sale and carried at zero value on the company's balance sheet. The company may strategically buy or sell more cryptocurrency holdings depending on its needs and market conditions. Some of the assets are held with Genesis Global Trading that is undergoing a restructuring, and as a result, some or all of those holdings may not be recovered. However, management is confident that it will recover the majority of its assets from Genesis based on recent settlement agreements and correspondence with Genesis.
Key takeaways:
- Realbotix Corp., a leading creator of humanoid robots and AI, has seen its cryptocurrency holdings increase by 52% since November 1st, 2024.
- The company's cash, cash equivalents, and cryptocurrency holdings are valued at approximately $15.3 million or CAD$21.5 million as of December 5th, 2024.
- Realbotix disposed of some cryptocurrency in its treasury for working capital purposes and to capitalize on the recent appreciation in the value of its assets.
- The Company also owns several crypto related domain names such as Tokens.com, TokensTrade.com, TokensArt.com and TokensGaming.com, which are currently for sale and carried at zero value on the Company’s balance sheet.