Trump's Son to Acquire Mining Firm Dogehash, Whose Technology Partner is Miner Manufacturer ElphaPex

By: theblockbeats.news|2025/08/20 17:32:08
0
Share
copy

BlockBeats News, August 20th, Donald Trump's son's holding company Thumzup (Nasdaq stock code: TZUP) will acquire Dogehash Technologies in an all-stock transaction. The company will be renamed to "Dogehash Technologies Holdings, Inc." and will trade on Nasdaq under the new stock code "XDOG." The transaction is expected to be completed by the end of this year.

As the world's first industrial-grade mining company focusing on Dogecoin, Dogehash's technology partner behind it is the mining machine manufacturer ElphaPex. The two parties have also entered into a strategic partnership. DogeHash Technologies currently operates over 2,500 ElphaPex DG1+ mining machines, primarily powered by renewable energy sources.

You may also like

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Overview of Important Market Events on June 17

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

Federal Reserve Chairman Waller's debut featured a significant slimming statement, the cancellation of forward guidance, refusal to submit the dot plot, and the establishment of five working groups, vowing to uphold the 2% inflation target, which triggered a sharp decline in U.S. stocks and a surge ...

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

"Coin-stock linkage" has evolved from the early stage of macro correlation and one-way penetration of emotional funds to the current 3.0 stage, where on-chain perpetual contracts provide extended trading hours and emotional signal value for traditional assets 24/7, and participate in Pre-IPO pricing...

Dalio's important long article: How to position in the current market environment?

Do not confuse the excitement for new technologies with whether those tech stocks are attractive.

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

OKX founder Star published a lengthy article, systematically analyzing Binance's competitive advantages over the years: regulatory arbitrage, speculative narrative cycles, social media control, and superficial compliance, stating that the essence of these advantages is not product capability, but ra...

New gameplay for participating in initial offerings on cryptocurrency exchanges

In this competition for cutting-edge assets, what has always been truly scarce is not the technology, but the underlying equity itself.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com