Coeptis Announces Merger with Z Squared to Transform into Dogecoin Mining, Stock Plummets Nearly 40%

Coeptis Therapeutics will merge with Z Squared, which focuses on Dogecoin mining, and plans to rename itself as Z Squared, officially transitioning from a biopharmaceutical company to a digital asset mining enterprise. The merger will include the acquisition of 9,000 Dogecoin mining machines and the divestiture of its original biopharmaceutical division. As a result of this announcement, Coeptis' stock plummeted nearly 40%, with the current market value around $32 million. The new company will be led by Z Squared's current CEO David Halabu and COO Michelle Burke, aiming to become the largest publicly traded Dogecoin mining company in the United States. (The Block)