Z Squared to Merge with Coeptis, Expanding DOGE Mining – Coincu
The post Z Squared to Merge with Coeptis, Expanding DOGE Mining – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Z Squared merges with Coeptis, integrating DOGE mining and leadership shift. Transition empowers one of largest DOGE mining operations globally. Public listing expands access to capital markets for growth. Z Squared, specializing in Dogecoin mining, is merging with Coeptis in a strategic move slated for completion in Q3. This merger positions Z Squared to become one of the largest publicly-traded Dogecoin mining entities, enhancing capital access and growth potential. Massive Merger to Reshape Global DOGE Mining Operations Z Squared and Coeptis Therapeutics announced a merger to be finalized by Q3 2025. The merger involves 9,000 DOGE mining machines, significantly expanding Z Squared’s operations. Coeptis will spin out its pharmaceutical arm, focusing solely on crypto mining post-merger. As an outcome of this merger, leadership changes include David Halabu stepping in as CEO, with the potential to further DOGE and LTC mining. Merging entities plan significant expansions upon completion, leveraging the access to public funds. CEO David Halabu noted that public listing provides broader capital market access, fueling strategic growth. “Going public provides us with broader access to capital markets to fuel the growth of our mining operations and pursue additional strategic opportunities we believe will be accretive to shareholders,” noted David Halabu, CEO, Z Squared. The market is observing closely how this merger impacts DOGE’s mining and liquidity landscape. DOGE Trading Dynamics and Financial Implications of the Deal Did you know? The planned operation of 9,000 DOGE mining rigs marks a significant expansion, unprecedented in Dogecoin’s public trading sphere, likely impacting DOGE’s hash rate and overall market dynamics. CoinMarketCap reports Dogecoin is trading at $0.19, with a market cap of 27.95 billion dollars and a 24-hour volume of 1.98 billion dollars, reflecting a 3.18% price change. The circulating supply stands at 149 billion DOGE as of April 26, 2025.…
Filed under: News - @ April 26, 2025 7:25 am