---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-063809"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2026-06-02T12:30:50+00:00"
generated_at: "2026-06-02T12:35:52.971958+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Olenox reports May 2026 Bitcoin production of 18.6 BTC; first update after CS Digital acquisition

## Summary
- Bitcoin mined: approximately 18.6 BTC; average operational hashrate: 1.30 EH/s; fleet utilization 81%.
- Installed fleet: 9,584 S21-class miners (~35 MW capacity; 2.19 EH/s nameplate; ~16 J/TH efficiency).
- CS Digital acquisition: $30M upfront ($14M Series D Preferred + $16M note); warrants for 1.5M shares; earnout up to $20M.
- CS Digital 2025 revenue $20.6M, EBITDA $6.2M; target sub-$0.02/kWh power cost via gas-to-compute strategy.
- Seasonal summer curtailment and low-power mode adopted; expects temporarily lower hashrate and production.

## SEC filing metadata
- accession: 0001213900-26-063809
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2026-06-02T12:30:50+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390026063809/0001213900-26-063809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390026063809/ea0293073-8k_olenox.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-063809
- JSON: https://secwatch.observer/filing/0001213900-26-063809.json
- Plain text: https://secwatch.observer/filing/0001213900-26-063809.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.