Z Squared (ZSQR)
Mines Dogecoin and Litecoin while pursuing AI-ready data-center capacity.
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Mines Dogecoin and Litecoin with Scrypt ASIC equipment and is expanding toward AI-ready data-center capacity. Its current revenue-generating activity remains digital-asset mining.
Operates Scrypt ASIC equipment that mines Dogecoin and Litecoin from facilities in North Carolina, South Carolina, and Iowa. The public issuer was created through a 2026 reverse merger, in which the former operating company became a wholly owned subsidiary; earlier financial history reflects the legacy biopharmaceutical business rather than the current mining operation.
Expansion plans target energized sites for AI-ready colocation, data-center development, and high-performance-compute hosting. Those newer verticals had not generated revenue when described, so current operations depend on digital-asset mining, power availability, and the deployment and management of mining equipment.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $15.5M · Total debt $0 · Total assets $134.5M · Shareholders' equity $132.5M
- Revenue
- $1.6M
- Operating income
- −$13.4M
- Net income
- −$13.7M
No dividends on record.
| Institutions45 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | ≈ 108.15% | 6.73M shares | |
| Insiders3 holders · as of Aug 20, 2026 | 22.98% | 1.43M shares | |
| Adds to | 131.13% |
6.22M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 131.13%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
BlackRock, Inc.Institution | 40.51% | 2.52M | 13Fas of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 26.84% | 1.67M | 13Fas of Jun 30, 2026 |
David Elias HalabuInsiderdirector, officer: Co-Chief Executive Officer | 22.70% | 1.41M | Form 4filed Apr 29, 2026 ↗ |
Geode Capital Management, LLCInstitution | 11.46% | 713,196 | 13Fas of Jun 30, 2026 |
Northern Trust CorpInstitution | 5.57% | 346,687 | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 18, 2026 | Christopher Ryan Schadel | officer: Chief Marketing Officer | +1,000 | $3.92 |
- MARA
Energy-linked Bitcoin mining and digital-infrastructure capacity
- Hut 8
Power, digital infrastructure and compute for mining and HPC
- Core Scientific
Digital-asset mining and high-density colocation infrastructure
- Bitdeer
Crypto-mining, mining hardware and AI-cloud infrastructure
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Z Squared | $3.04 | 0.00% | $19.0M | — | — | 6.8 | — |
| MARA | $10.45 | −0.14% | $3.99B | — | — | 5.0 | −26.7% |
| Hut 8 | $80.38 | −0.36% | $9.08B | — | — | 31.3 | +81.4% |
| Core Scientific | $16.71 | −0.57% | $5.40B | — | 317.8 | 12.3 | +108.8% |
| Bitdeer | $10.70 | −0.47% | $2.51B | — | — | 3.1 | +47.1% |
| Median | — | 317.8 | 8.6 | +64.2% |






