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

Completed Wildboy and Odin acquisitions expand the energy platform supporting Olenox's planned gas-powered computing infrastructure.

Rhea-AI Summary

Olenox Industries (NASDAQ:OLOX) reported that its CS Digital Ventures operations earned approximately 15.03 Bitcoin during September 2026 from third-party hosted mining. Average operational hashrate, a measure of computing power, was approximately 1.04 exahashes per second, with 68% uptime. Seasonal power curtailments intended to reduce 2027 transmission costs and reduced miner clock speeds at Pyote to protect equipment from summer heat affected operations.

The curtailment season ended September 30; Olenox expects normal clock speeds in November, subject to operating conditions. Completed Wildboy and Odin acquisitions expand its energy platform. Olenox plans to convert controlled natural gas into computing power near generation, targeting lower energy costs and additional computing applications. That planned infrastructure is distinct from September's hosted operations. All September figures are preliminary, unaudited and subject to final review.

4 points · 1 major

PositiveiHow this balance works

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How the balance worksHow Sentiment works

0 major · 2 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Major pointCS Digital operations earned approximately 15.03 Bitcoin during September 2026.
• Moderate pointWildboy and Odin acquisitions completed, expanding Olenox's energy platform.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Olenox plans gas-powered computing infrastructure, targeting lower energy costs, gas monetization and additional computing applications.
• Minor point. Forward-looking: it has not happened yet and may not happen.Olenox expects miners to return to normal clock speed in November, subject to operating conditions.

Negative

• Moderate pointSeptember uptime was 68%, with seasonal power curtailments and heat-related reductions in miner clock speeds affecting operations.
• Minor pointSeptember operating figures are preliminary, unaudited and subject to final operational and financial review.

Argus 15 min delay 87 alerts

+50.61% vs previous close $1.11 last price 2428.7x rel. volume Open Argus

Details

Market move: OLOX +50.61% vs previous close. September Bitcoin production

+9.8% Peak in 5 min

$0.70 – $1.35 Day Range

$1.84M Mkt Cap at Last Price

On Oct 21, the day this news came out, the latest delayed price for OLOX is 50.61% above the previous close. Argus tracked a peak move of +9.8% during the session. Our momentum scanner has recorded 87 alerts for this stock so far that day. The latest delayed price is $1.11. Relative volume is exceptionally heavy at 2428.7x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Bitcoin production: approximately 15.03 Bitcoin Average operational hashrate: approximately 1.04 EH/s Uptime: 68% +1 more

Bitcoin production

approximately 15.03 Bitcoin

September 2026; preliminary and unaudited

Average operational hashrate

approximately 1.04 EH/s

September 2026

Uptime

68%

September 2026

Expected return to normal clock speed

November

Subject to operating conditions

Previous Crypto,acquisition Reports

2 past events · Latest: Aug 20

Same Type 2 events

1. Aug 20

   Bitcoin production

   24h Move

   -12.9%

   Reported 15.13 BTC from CS Digital at 1.02 EH/s during planned summer curtailment.

2. Jun 02

   Bitcoin production

   24h Move

   +3.2%

   Reported 18.6 BTC with 1.30 EH/s, establishing an earlier post-acquisition monthly operating benchmark.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

hashrate, exahashes per second, power curtailments, unaudited

4 terms

hashrate technical

"average operational hashrate of approximately 1.04 exahashes per second"

Hashrate is a measure of how quickly a computer network can process and verify transactions, often expressed as the number of calculations it can perform in a second. Think of it like the engine power of a car; the higher the hashrate, the more work the network can do in a given time. For investors, a higher hashrate generally indicates a more secure and robust network, which can influence confidence and the value of related digital assets.

exahashes per second technical

"approximately 1.04 exahashes per second"

A measurement of computational speed equal to one quintillion (10^18) cryptographic hash calculations per second, commonly used to describe the processing power of cryptocurrency mining networks or mining fleets. It matters to investors because higher exahashes-per-second indicate greater mining capacity and network security, and they help gauge potential mining revenue, competitive scale, and capital intensity — like comparing how many workers a factory can run per shift.

power curtailments technical

"seasonal power curtailments intended to reduce transmission costs"

A reduction in the electrical output a power generator is allowed or required to produce, imposed by a grid operator, market signal, or the generator itself when system needs, transmission limits, weather conditions, or contractual terms prevent full production. Curtailments can be ordered (mandatory) or voluntary, are typically temporary rather than permanent, and are implemented by instructing a plant or facility to lower generation or disconnect some capacity; they differ from outages in that they intentionally limit output while the unit remains available to run. Whether a curtailed generator receives payment for the lost output depends on market rules, reserve or curtailment compensation mechanisms, and any bilateral contracts or regulatory arrangements.

unaudited financial

"All September operating figures are preliminary, unaudited"

"Unaudited" describes financial statements or reports that have not been examined or verified by an independent accountant or auditor. Because they haven't undergone this review, they may not be as reliable or accurate as audited reports, making them less certain for investors to rely on when assessing a company's financial health. Think of it as a preliminary estimate that could change once checked by an expert.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 operations we added through CS Digital, while our recent acquisitions expand the energy side of the platform," said Mike McLaren, Chairman and Chief Executive Officer of Olenox. "Our long-term opportunity extends beyond Bitcoin production alone. We are bringing together energy assets, mining expertise and infrastructure capabilities with the goal of creating a more integrated and economically compelling computing business."

During September, CS Digital recorded average operational hashrate of approximately 1.04 exahashes per second ("EH/s") and uptime of 68%. Operations reflected seasonal power curtailments intended to reduce transmission costs in 2027, along with reduced miner clock speeds at the Pyote site to protect equipment from summer heat.

The summer curtailment season ended September 30, and the Company expects miners to return to normal clock speed in November, subject to operating conditions.

Olenox's longer-term strategy is to convert Company-controlled natural gas into computing power at or near the point of generation, with the goal of lowering energy costs, monetizing available gas resources and expanding into additional high-value computing applications. The Wildboy and Odin acquisitions add to the energy platform supporting that strategy.

The planned gas-powered infrastructure represents Olenox's forward strategy and is distinct from the third-party hosted mining operations reflected in September's results.

All September operating figures are preliminary, unaudited and subject to final operational and financial review.

About Olenox Industries Inc.

Olenox Industries Inc. (NASDAQ:OLOX) is an integrated energy and infrastructure company focused on acquiring, developing and operating assets across the oil and natural gas, energy services, power generation, modular infrastructure and digital-compute sectors. Through its subsidiaries, Olenox is building a vertically integrated platform designed to connect energy resources with power-intensive infrastructure while delivering engineered and modular solutions across industrial markets.

Forward-Looking Statements

Certain statements contained in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend," "potential" or similar expressions generally identify forward-looking statements.

These forward-looking statements include, without limitation, statements concerning the expected return of miners to normal clock speed in November; increases in fleet utilization; anticipated transmission-cost benefits from seasonal curtailment; the integration of CS Digital's operations with Olenox's energy assets; the anticipated benefits and integration of the Wildboy and Odin acquisitions; the development and scaling of gas-powered digital infrastructure; potential energy-cost reductions; the monetization of natural gas resources; expansion into digital infrastructure, artificial intelligence and next-generation computing applications; and the Company's future business, operations and financial performance.

Forward-looking statements are based on current estimates, expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. These risks include, among others, volatility in Bitcoin prices and network difficulty; changes in mining economics; the Company's ability to successfully integrate acquired operations and assets; the availability, cost and reliability of electrical power and natural gas; the availability and terms of hosting arrangements; weather conditions; equipment performance and fleet utilization; volatility in commodity and electricity prices; regulatory developments; the Company's ability to secure financing and execute its growth strategy; the Company's ability to successfully develop its energy, power-generation and digital-infrastructure projects; the Company's ability to maintain compliance with Nasdaq listing requirements; and the other risks described in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

Readers are cautioned not to place undue reliance on forward-looking statements. The information in this release is provided only as of its date, and Olenox undertakes no obligation to update any forward-looking statement except as required by law.

Contacts

Investor Relations
investors@olenox.com

Media Contact
Rona Menashe
Guttman Associates PR & Marketing
Rona@GuttmanPR.com

SOURCE: Olenox Industries Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much Bitcoin did Olenox produce in September 2026?

Olenox's CS Digital Ventures operations earned approximately 15.03 Bitcoin during September 2026. These results reflect third-party hosted mining operations, not the company's planned gas-powered infrastructure. The operating figures are preliminary, unaudited and subject to final operational and financial review.

When does Olenox expect miners to return to normal clock speeds?

Olenox expects miners to return to normal clock speed in November, subject to operating conditions. Clock speeds at the Pyote site were reduced to protect equipment from summer heat. The seasonal power curtailment period ended September 30.