Shuttle Merges with United Dogecoin to Become the World's Largest Public Dogecoin Miner

Shuttle Pharmaceutical Holdings, Inc. (NASDAQ: SHPH) has entered into a merger agreement to acquire United Dogecoin Inc., a Dogecoin mining company, with a $11 million PIPE financing expected to close on May 4, 2026. United Dogecoin will merge into Shuttle’s subsidiary, aiming to secure up to 3,000 ElphaPex Mining Rigs, delivering a hash rate of up to 43,200 GH/s—1.5% of global Dogecoin mining capacity. The merger leverages United Dogecoin’s competitive advantages in size, hardware partnerships, and low-cost energy access to build a scalable, long-term Dogecoin mining operation.

Read the full article and join the community discussion on Inimzu.