Consider the matrices $$A=\begin{pmatrix}
0 & 0 & 9 \\
9 & 0 & 0 \\
0 & 9 & 0 \\
\end{pmatrix}
\quad$$
and
$$B=\begin{pmatrix}
0 & 3 & 0 \\
0 & 0 & 3 \\
3 & 0 & 0 \\
\end{pmatrix}
\quad$$
Observe that $A,B \in \Bbb M_3 (\Bbb Z)$ with $A=B^2.$ So $A$ has a square root with integer entries.
Let us consider the matrix
$$X=\begin{pmatrix}
\frac 1 3 & 0 & 0 \\
0 & 3 & 0 \\
0 & 0 & 1 \\
\end{pmatrix}
\quad$$
Then you will easily find that
$$XAX^{-1} =
\begin{pmatrix}
0 & 0 & 3 \\
81 & 0 & 0 \\
0 & 3 & 0 \\
\end{pmatrix}
\quad$$
Then $XAX^{-1}$ is a matrix with integer entries. But there doesn't exist any $C \in \Bbb M(3,\Bbb Z)$ such that $XAX^{-1} = C^2.$
For a proof of the above assertion see this link.