Z Squared to go public through Coeptis merger in Q3 2025

Z Squared, a company specialising in Dogecoin (CRYPTO:DOGE) mining, is set to merge with Coeptis, a biopharmaceutical firm.  

This merger will create a new entity primarily focused on mining dogecoin and other cryptocurrencies like Litecoin (CRYPTO:LTC). 

The new company will operate 9,000 DOGE mining machines based in the United States. 

The deal is expected to be finalised in the third quarter of 2025. 

“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,” commented David Halabu, CEO of Z Squared.

As part of the merger, Coeptis will spin off its pharmaceutical business, which will continue to operate separately.

Following the merger, the new entity will become one of the notable publicly traded companies focused on mining dogecoin and similar cryptocurrencies. 

Dogecoin, launched in 2013, uses a Proof-of-Work mechanism similar to that of Bitcoin (CRYPTO:BTC), where miners compete to solve complex problems and earn coins.  

With increasing competition in the Bitcoin mining sector, many mining companies have turned to other cryptocurrencies like dogecoin and litecoin to increase revenue. 

For instance, BIT Mining (BTCM) reported in December that it earned three times more from DOGE and LTC mining than from bitcoin.

Z Squared is following a trend seen in other cryptocurrency mining companies that went public in 2022, including Core Scientific (CORZ) and TeraWulf (TERA).