Olenox reports May bitcoin production of 18.6 BTC after CS Digital deal closes

PUBT·06/02/2026 12:32:00

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Olenox reported May 2026 bitcoin production of 18.6 BTC from CS Digital operations acquired May 28.
Average operational hashrate was 1.30 EH/s; realized output equaled 81% of economic capacity amid planned summer curtailment.
Installed fleet totals 9,584 S21-class miners, about 35 MW, with 2.19 EH/s nameplate hashrate; blended efficiency about 16 J/TH.
Upfront acquisition consideration totaled USD 30 million, split between USD 14 million Series D Preferred Stock and a USD 16 million unsecured promissory note.
Deal terms include warrants for 1,500,000 common shares in three 500,000 tranches at USD 5, USD 7, USD 9; up to USD 20 million additional Series D tied to milestones.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olenox Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606020830ACCESSWRNAPR_____1172634) on June 02, 2026, and is solely responsible for the information contained therein.

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