A big and interesting step has come out in the Crypto Mining Sector. Dogecoin mining company Z Squared is now merging with bioformacular company Coeptis Therapeutics (CoP). After this merger, a new publicly traded company will come into existence which Dogcoin And will focus on LiteCoin’s mining. This decision is a major step towards establishing Z Squarede more strongly in the world of Crypto Mining.
What is the main objective of merger?
This merger of Z Squared and Coeptis is being done so that the pharma business of Coptis can be completely removed and focused only on Crypto Mining. According to the company’s CEO David Halbu, through this public merger, the company will get a direct access to the capital markets, which will enable it to expand its mining operations and also captivate other strategic obacions.
Mining expansion with 9,000 mining machines
After merger, Z Squared will increase its operations in the US with 9,000 Doge Mining Machines. This number can make Z Squared a strong player in this segment. Although the company has not publicized the figures related to its revenue, good returns can be expected from mining at such a large level.
Dogecoin’s rising value and demand
DogeCoin was built in 2013 as the force of Bitcoin and is based on the Evidence-of-Paintings System. Today, the market value of Doge is $ 27 billion and has become the eighth largest cryptocurrency on coinmarketcap. The support of influential people like Elon Musk has led to a tremendous bounce in its popularity and demand.
However, shortly before Elon Musk has announced that it will work for Donald Trump from May only 1-2 days a week. This means that now Elon Musk will work less for doge And now he will give more time to Tesla, which has recently seen a huge decline in profit. This decision has created a stir in the auto industry as well as the Dogecoin community.
Shift towards Doge and LTC out of Bitcoin
The competition of Bitcoin in Crypto Mining has increased so much that many companies are now choosing options like Dogecoin and Litecoin. For example, BTCM (BIT Mining) reported that the earnings from DOGE and LTC were three times higher than Bitcoin. This suggests that Crypto Market is now moving towards diversity.
Why is Z Squared to be public important?
Being public for Z Squared is a strategic decision. This will give the company access to large investors, will increase the confidence of stakeholders and will help in increasing mining infrastructure. Also, the company’s identity will also be established as a leading dog and Ltc mining operator.
Conclusion
This merger of Z Squared and Coeptis will not only start a new chapter for Z Squared, but will also affect the entire DOGE mining business. After the completion of this merger by Q3 of 2025, Z Squared will emerge as a crypto mining company. It will be interesting to see how this company establishes itself in the field of DOGE and LTC mining in the coming time.
