Nasdaq-listed pharmaceutical company Shuttle Pharmaceuticals Holdings has signed a definitive acquisition agreement with Dogecoin mining company United Dogecoin, intending to acquire the latter and integrate it into a wholly owned subsidiary. The deal is also supported by a $11 million PIPE financing, with completion expected by May 4, 2026. United Dogecoin plans to purchase up to 3,000 new-generation ElphaPex mining machines, expected to go online within 60 days, providing a maximum hash rate of 43,200 GH/s, accounting for approximately 1.5% of the current global Dogecoin mining hash rate. (Newsfile)

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