StreetInsider.com News Articles

Olenox outlines plan to expand Bitcoin mining fleet to 20,000 units

Thu, 22 Oct 2026 08:31:39 -0400

Olenox Industries Inc. (NASDAQ: OLOX) has outlined a three-phase plan to expand its Bitcoin mining fleet from approximately 9,700 to 20,000 miners, targeting lower-cost, self-generated electricity through its natural gas assets, according to a company statement.

The company is targeting an electricity rate of approximately $0.015 per kilowatt-hour, compared with approximately $0.06 per kWh under its current arrangements. Olenox described the target as a 75% reduction in the electricity rate, though it noted the figure applies only to the electricity rate and does not represent a corresponding increase in profitability.

The first phase centers on establishing access to self-generated power through the

Olenox outlines plan to expand Bitcoin mining fleet to 20,000 units

Thu, 22 Oct 2026 08:31:39 -0400

The first phase centers on establishing access to self-generated power through the

Olenox Unveils Three-Phase Plan to Power and Expand Bitcoin Mining Fleet Through Gas-To-Power-To-Compute Strategy

Thu, 22 Oct 2026 08:30:00 -0400

CONROE, TX / ACCESS Newswire / October 22, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today outlined the next planned phase of its gas-to-power-to-compute strategy: establishing lower-cost electricity, potentially relocating existing Bitcoin miners to that power supply and looking at opportunities to expand its mining fleet.

Olenox is targeting an expansion from approximately 9,700 to 20,000 miners -- more than doubling its fleet -- supported by its strategy to develop lower-cost, self-generated power. Expansion remains subject to its ability to raise substantial financing, power

Olenox Unveils Three-Phase Plan to Power and Expand Bitcoin Mining Fleet Through Gas-To-Power-To-Compute Strategy

Thu, 22 Oct 2026 08:30:00 -0400

Olenox Industries Reports September Bitcoin Production as Recent Acquisitions Expand Energy-Powered Digital Infrastructure Strategy

Wed, 21 Oct 2026 08:30:00 -0400

CONROE, TX / ACCESS Newswire / October 21, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today announced that its CS Digital Ventures, LLC ("CS Digital") operations earned approximately 15.03 Bitcoin during September 2026 as Olenox continues building an integrated platform connecting energy production, power generation and next-generation computing.

The update follows Olenox's recent completion of the Wildboy and Odin acquisitions, expanding the Company's energy platform and advancing its longer-term strategy to connect Olenox-controlled energy resources with power-intensive digital infrastructure.

"September's production reflects the ongoing mining

Olenox Industries Reports September Bitcoin Production as Recent Acquisitions Expand Energy-Powered Digital Infrastructure Strategy

Wed, 21 Oct 2026 08:30:00 -0400

"September's production reflects the ongoing mining

Form 8-K OLENOX INDUSTRIES INC. For: Oct 19

Wed, 21 Oct 2026 06:03:00 -0400

si-local-file:///var/storage/secattach/20261021/27212438.html

Olenox closes $21.7M acquisitions to build gas-to-power platform

Tue, 20 Oct 2026 08:31:47 -0400

Olenox Industries Inc. (NASDAQ: OLOX) has completed the acquisition of Wildboy Holdings, Ltd. and IPD Industries, Inc. for a combined purchase price of $21.7 million, according to a company press release.

Wildboy Holdings was acquired from Wildboy Industries, Ltd., and IPD Industries was acquired from Odin International, Inc. The consideration consisted almost entirely of Olenox Series F preferred stock, which is convertible into common shares subject to certain conversion limitations and lock-up provisions.

Wildboy Holdings brings natural gas assets located in northeastern British Columbia, including a processing facility with capacity of up to 144 million cubic feet per day and approximately 184,785

Olenox Expands Energy Platform With Completion of Wildboy and Odin Acquisitions, Advancing Gas-to-Power-to-Compute Strategy

Tue, 20 Oct 2026 08:30:00 -0400

CONROE, TX / ACCESS Newswire / October 20, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company") today announced that it has completed the acquisition of 100% of the issued and outstanding capital stock of Wildboy Holdings, Ltd. ("Wildboy Holdings") and IPD Industries, Inc. ("IPD"), bringing together natural gas resources and processing infrastructure in British Columbia with a power-development platform near the Waha Hub in West Texas.

Wildboy Holdings was acquired from Wildboy Industries, Ltd., and IPD was acquired from Odin International, Inc. The acquisitions advance Olenox's strategy to build an integrated

Olenox Expands Energy Platform With Completion of Wildboy and Odin Acquisitions, Advancing Gas-to-Power-to-Compute Strategy

Tue, 20 Oct 2026 08:30:00 -0400

Wildboy Holdings was acquired from Wildboy Industries, Ltd., and IPD was acquired from Odin International, Inc. The acquisitions advance Olenox's strategy to build an integrated

Form 8-K/A OLENOX INDUSTRIES INC. For: May 26

Fri, 02 Oct 2026 06:02:00 -0400

si-local-file:///var/storage/secattach/20261002/27138375.html

Olenox Industries mines 15.63 Bitcoin in August via CS Digital unit

Thu, 17 Sep 2026 09:01:47 -0400

Olenox Industries Inc. (NASDAQ: OLOX) mined approximately 15.63 Bitcoin in August 2026 through its CS Digital Ventures subsidiary, according to a company statement.

The company recorded an average operational hashrate of approximately 1.03 exahashes per second (EH/s) during the month, representing about 67% of its fleet's economic capacity. The company attributed the gap to seasonal heat-related curtailment and low-power-mode operation at its Texas hosting facilities.

Olenox's current mining fleet consists of 9,584 S21-class ASIC miners with approximately 35 megawatts of installed capacity and a nameplate computing power of approximately 2.19 EH/s. The fleet operates at a blended hardware efficiency of approximately 16

Olenox Industries Reports 15.63 Bitcoin Mined in August as Company Advances Energy-Powered Digital Infrastructure Strategy

Thu, 17 Sep 2026 09:00:00 -0400

CONROE, TX / ACCESS Newswire / September 17, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today announced that its CS Digital Ventures, LLC ("CS Digital") operations mined approximately 15.63 Bitcoin during August 2026.

The results represent Olenox's second monthly operating update following its May 28, 2026 acquisition of CS Digital and reflect the Company's continued progress in building an integrated platform connecting energy production, digital infrastructure and next-generation computing.

During August, Olenox achieved an average operational hashrate of approximately 1.03 exahashes per second ("EH/s") across

Olenox Industries Reports 15.63 Bitcoin Mined in August as Company Advances Energy-Powered Digital Infrastructure Strategy

Thu, 17 Sep 2026 09:00:00 -0400

During August, Olenox achieved an average operational hashrate of approximately 1.03 exahashes per second ("EH/s") across

Olenox converts $5.25M in debt and preferred stock to equity

Thu, 03 Sep 2026 08:33:32 -0400

Olenox Industries Inc. (NASDAQ: OLOX) announced that it has converted more than $750,000 in outstanding debt and approximately $4.5 million in stated value of Series C Preferred Stock into common shares since June 2026, according to a press release from the Conroe, Texas-based company.

The debt conversions reduced the company's outstanding indebtedness by more than $750,000, while the preferred stock conversions reduced its outstanding preferred equity. In total, the transactions represent more than $5.25 million converted into common equity.

"Converting more than $5.25 million of debt and preferred stock into common equity is a meaningful accomplishment for Olenox and represents another important

Olenox Industries Strengthens Capital Structure With More Than $5.25 Million Conversion to Common Equity

Thu, 03 Sep 2026 08:30:00 -0400

Company Converts More Than $750,000 of Debt into Equity and Approximately $4.5 Million of Series C Preferred Stock into Common Shares

CONROE, TX / ACCESS Newswire / September 3, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today announced that more than $750,000 of outstanding debt and approximately $4.5 million in stated value of Series C Preferred Stock have been converted into shares of the Company's common stock since June 2026, strengthening the Company's balance sheet and capital structure.

The debt conversions reduced outstanding indebtedness

Olenox Industries Strengthens Capital Structure With More Than $5.25 Million Conversion to Common Equity

Thu, 03 Sep 2026 08:30:00 -0400

Company Converts More Than $750,000 of Debt into Equity and Approximately $4.5 Million of Series C Preferred Stock into Common Shares

The debt conversions reduced outstanding indebtedness

Olenox starts seismic fieldwork on North Texas acreage

Tue, 01 Sep 2026 08:32:22 -0400

Olenox Industries Inc. (NASDAQ: OLOX) has engaged a seismic services firm to begin fieldwork across its North Texas acreage, moving its multi-well oil and natural gas development program into the field-execution phase, according to a company statement.

Seismic fieldwork is scheduled to begin the week of September 7, 2026, and is expected to take approximately two to three weeks to complete. The resulting subsurface data will be used to evaluate 10 potential drill sites and determine which locations to prioritize for development.

Based on the seismic findings, the identified sites could potentially support the drilling of as many as 10 wells over

Olenox Begins Natural Gas-Powered Digital Infrastructure Field Execution Phase

Tue, 01 Sep 2026 08:30:00 -0400

Seismic Initiative Marks Key Step Toward Future Drilling and the Development of Natural Gas-Powered Digital Infrastructure

CONROE, TX / ACCESS Newswire / September 1, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today announced that it is moving its previously announced multi-well oil and natural gas development program into the field-execution phase through the engagement of a seismic services firm and the addition of geological and engineering expertise to oversee the initiative.

Seismic fieldwork across the Company's North Texas acreage is expected to begin the

Olenox Begins Natural Gas-Powered Digital Infrastructure Field Execution Phase

Tue, 01 Sep 2026 08:30:00 -0400

Seismic Initiative Marks Key Step Toward Future Drilling and the Development of Natural Gas-Powered Digital Infrastructure

Seismic fieldwork across the Company's North Texas acreage is expected to begin the

Olenox Industries Highlights Transformational Year and Expanding Energy-to-Compute Platform

Wed, 26 Aug 2026 09:00:00 -0400

Chairman and CEO Michael McLaren Outlines Olenox's Growth, Strategic Acquisitions and Vision for Powering the Next Generation of AI Infrastructure and High-Density Computing

CONROE, TX / ACCESS Newswire / August 26, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), a vertically integrated U.S. energy company, today issued the following letter to shareholders from Chairman and Chief Executive Officer Michael McLaren.

Dear Shareholders:

2026 is shaping up to be a transformational year for Olenox.

Over the past several months, we have taken significant steps toward building a differentiated, vertically integrated platform connecting energy production,

Olenox Industries Highlights Transformational Year and Expanding Energy-to-Compute Platform

Wed, 26 Aug 2026 09:00:00 -0400

Chairman and CEO Michael McLaren Outlines Olenox's Growth, Strategic Acquisitions and Vision for Powering the Next Generation of AI Infrastructure and High-Density Computing

Dear Shareholders:

2026 is shaping up to be a transformational year for Olenox.

Over the past several months, we have taken significant steps toward building a differentiated, vertically integrated platform connecting energy production,

Olenox Industries reports July Bitcoin mining output of 15.13 BTC

Thu, 20 Aug 2026 08:34:14 -0400

Olenox Industries Inc. (NASDAQ: OLOX) mined approximately 15.13 BTC in July 2026, the company reported, marking its second monthly production update since acquiring CS Digital Ventures, LLC on May 28, 2026.

The company recorded an average operational hashrate of approximately 1.02 EH/s during the period, representing about 64% of its fleet's economic capacity. Olenox attributed the reduced utilization to planned summer curtailment, low-power-mode operation, and normal equipment availability.

The installed fleet consists of 9,584 S21-class ASIC miners with approximately 35 MW of installed capacity, a nameplate capacity of approximately 2.19 EH/s, and a blended hardware efficiency of approximately 16 J/TH.

July production was

Olenox Industries Reports July 2026 Bitcoin Production, Its second Monthly Operating Update Following the Closing of the CS Digital Acquisition

Thu, 20 Aug 2026 08:30:00 -0400

Second post-closing operating disclosure from the newly combined, energy-led digital infrastructure platform. Current production is generated at third-party hosting facilities on the ERCOT grid; converting Olenox's low-cost natural gas into compute at the point of generation, targeting power costs below $0.02 per kWh, is the platform's forward strategy.

CONROE, TX / ACCESS Newswire / August 20, 2026 / Olenox Industries Inc. (NASDAQ:OLOX) ("Olenox" or the "Company"), a vertically integrated U.S. energy company, today reported Bitcoin production for the month of July 2026 from the operations of CS Digital Ventures, LLC ("CS Digital"),

Olenox Industries Reports July 2026 Bitcoin Production, Its second Monthly Operating Update Following the Closing of the CS Digital Acquisition

Thu, 20 Aug 2026 08:30:00 -0400