Fortitude Mining to merge with HeartSciences in all-stock deal

• Fortitude Mining Holdings and HeartSciences (NASDAQ:HSCS) entered a definitive merger agreement in an all-stock transaction expected to close in the second half of 2026.
• The combined company will operate as Fortitude under CEO Andrea Childs and trade on Nasdaq under the ticker “TUDE”, subject to approval.
• Fortitude stated the merger will create a vertically-integrated platform combining Zcash mining operations with AI-powered medical technology.

Fortitude Mining Holdings and HeartSciences (NASDAQ:HSCS) have entered into a definitive merger agreement to combine in an all-stock transaction expected to close in the second half of 2026.

Upon closing, the combined entity will operate under the Fortitude brand and leadership of Fortitude CEO Andrea Childs, and is expected to list on the Nasdaq Capital Market under the ticker symbol “TUDE”, subject to approval.

Current HeartSciences CEO Andrew Simpson is expected to continue leading the healthcare business unit post-merger.

Fortitude is a vertically-integrated digital asset mining platform anchored in Zcash with current annualized production of 157,000 ZEC, or approximately 366 ZEC per day as of May 31, 2026.

Fortitude, currently wholly-owned by Digital Currency Group, applies a venture mining approach across high-growth digital assets with a primary focus on Zcash, a privacy-preserving Proof-of-Work cryptocurrency that shares Bitcoin’s 21 million coin supply while adding shielded transaction privacy features.

The company began mining ZEC in 2019 and has built institutional-grade operations, power infrastructure, and strategic capital deployment.