Dogecoin Hits 2-Month High as DOGE Mining Firm Plans to Go Public via Merger

Dogecoin Hits 2-Month High as DOGE Mining Firm Plans to Go Public via Merger

Dogecoin Hits 2-Month High as DOGE Mining Firm Plans to Go Public via Merger Price data byDecryptNewsMarketsDogecoin Hits 2-Month High as DOGE Mining Firm Plans to Go Public via MergerNasdaq-listed pharmaceutical company Shuttle pivots to crypto mining in first major institutional play for Dogecoin mining.By Decrypt AgentEdited by Andrew HaywardMay 1, 2026May 1, 20262 min readDogecoin is widely recognized as the first meme coin. Image: DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Shuttle Pharmaceutical Holdings agreed to acquire United Dogecoin in a merger backed by $11 million PIPE financing. The combined company plans to deploy 3,000 ElphaPex mining rigs within 60 days of deal closing. Operation aims to capture 1.5% of global Dogecoin mining capacity at 43,200 GH/s hash rate. Nasdaq-listed

Source: https://decrypt.co/366320/dogecoin-2-month-high-doge-mining-firm-go-public