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Exclusive: AIxC to exit digital asset treasury strategy in pivot to robotics

Exclusive: AIxC to exit digital asset treasury strategy in pivot to robotics

AIxC Holdings, a Nasdaq-listed company, is set to shift its focus from digital asset management to robotics, according to recent reports. The company plans to wind down its digital asset positions and invest in developing and commercializing its robotics operations business. This strategic pivot is being driven by a significant milestone achieved by AIxC's online platform, RoboShare.

On August 15, RoboShare successfully facilitated its first paid order, involving a rental of six robots across three product types in Malibu. The event was booked by a Los Angeles-based rapper and content creator, marking the launch of a planned ten-city rollout.

The company's management believes that the rental model will make robot adoption more accessible and affordable by allowing customers to access machinery without purchasing it outright. Revenue is projected to be generated through rental services, related services, potential conversions from rental to purchase, resale, and rent-to-own arrangements.

In the short term, AIxC's priorities will focus on validating repeat demand and optimizing operating economics in Los Angeles. The company also aims to expand the variety of robots available on the platform and refine its operating model before expanding to additional cities. By demonstrating a growing record of verified customer transactions and measurable operating milestones, AIxC hopes to increase investor confidence in its robotics commercialization strategy.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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