TechFlow news, April 26 — According to The Block, biotech company Coeptis Therapeutics announced Friday it has entered a merger agreement with Dogecoin miner Z Squared, acquiring 9,000 Dogecoin mining machines and transitioning fully into digital asset mining. The company will divest its biopharmaceutical operations and focus on DOGE mining. Following the announcement, Coeptis' stock plummeted nearly 40%, reducing its market capitalization to approximately $32 million. The merger is expected to close in the third quarter of this year, subject to regulatory approval and shareholder vote. Z Squared CEO David Halabu stated the company aims to become the largest publicly traded firm focused on DOGE mining in the United States.
Add to Favorites
Share to Social Media
