Until 1950, when it was renamed in honour of Bulgarian poet and revolutionary Hristo Botev, the peak was called Yumrukchal (Юмрукчал, from Ottoman TurkishYumrukçal, 'a fist-like peak').
A weather station and a radio tower (opened on 10 July 1966) that covers 65% of the country are located on Botev Peak. The average temperature is −8.9 °C (16.0 °F) in January and 7.9 °C (46.2 °F) in July.
"Botev Peak" is the main facility of Bulgarian FM and TV broadcasting network. The situation at the top near the geographical center of Bulgaria contribute to national radio broadcasts and television broadcast here to cover more than 65% throughout the country, also in parts of Romania and Turkey.