- SHPH is trading 5.2% up today at $3.42 following news that its subsidiary, United Dogecoin Inc., is expanding into data center infrastructure and power generation for cryptocurrency mining and commercial AI computing.
- The strategic shift, announced on June 25-26 and reiterated today, involves evaluating proprietary data center and power generation opportunities in North America and securing a renewable-powered site for its first fleet of ElphaPex DG1+ miners.
- This move follows recent volatility linked to a June 11 reverse stock split and low-float momentum interest, which previously drove shares above $6.