Coeptis Therapeutics Holdings, Inc. has announced a merger with Z Squared, marking a shift from biopharmaceuticals to crypto mining focused on Dogecoin and other altcoins.
Transition from Biotechnology to Crypto Mining
As part of the deal, Coeptis intends to acquire Z Squared's large-scale mining operations, including hardware valued at approximately $660 million and energy management software. This signifies a full pivot to cryptocurrency infrastructure.
New Strategy of Z Squared
Z Squared has developed a strategy of flexibility by partnering with hosting providers across various regions to capitalize on favorable electricity rates. They also implemented a real-time analytics system to adapt to changing power market conditions.
Opportunities in the Altcoin Market
The merger opens up a new avenue for investors interested in altcoin infrastructure. Coeptis is entering a sector that has been less accessible in the public market and offers an alternative to companies primarily focused on Bitcoin.
The Coeptis and Z Squared merger highlights the shift towards new market trends in crypto mining and opens up new investment opportunities.