Mining Dogecoin at industrial scale.
United Dogecoin is a scaled, next-generation DOGE mining operation — built on preferential access to high-efficiency ElphaPex rigs, low-cost behind-the-meter energy, and a team that has built multi-billion-dollar mining platforms before.
Shares on conversion
32,258,064
Series B-1 at $1.24
Milestone warrants
118,038,551
Pre-funded, post-close
PIPE common warrants
10,679,612
3-year, $1.03
Ticker symbol
SHPH
NASDAQ listed
A dual-pronged strategy
Mine the coin. Hold the coin.
The strategy that worked for early Bitcoin miners — applied to a Dogecoin market still in its infancy.
Mine DOGE at low cost
Preferential access to ElphaPex's high-efficiency rigs at strategic pricing, paired with low-cost, behind-the-meter renewable energy. The result: DOGE generated at a discount to open-market purchase.
Hold mined DOGE on the balance sheet
Strategic coin accumulation builds a robust treasury reserve — giving public-market investors direct exposure to Dogecoin upside while strengthening long-term asset value.
Hardware access
Existing relationship with ElphaPex, a leader in Dogecoin mining hardware — strategic pricing on high-efficiency rigs.
Proven operators
Founders previously built US Bitcoin Corp (Hut 8 merger of equals, ~$8B platform) and American Bitcoin.
Public-market vehicle
Going public via merger with Shuttle Pharmaceuticals (NASDAQ: SHPH) — institutional access from day one.
Through our size, relationships, expertise and timing, we believe that we are uniquely positioned to be a global leader in Dogecoin mining.
Review the transaction details.
Full merger terms, PIPE structure, and SEC references.