OLENOX INDUSTRIES INC. 8-K

What Happened

• On June 2, 2026, Olenox Industries, Inc. (OLOX) filed a Form 8-K under Item 7.01 furnishing a press release reporting the company's Bitcoin production for May 2026 (covering May 1–31, 2026) from operations of CS Digital Ventures, LLC, a wholly owned subsidiary the company completed acquiring on May 28, 2026.
• The press release describes the company’s hosting profit-share arrangements, the basis for reporting production and hashrate figures, seasonal operations and outlook, and provides a recap of the completed acquisition. The press release is furnished as Exhibit 99.1 to the 8-K.

Key Details

• Acquisition closed: CS Digital Ventures, LLC became a wholly owned Olenox subsidiary on May 28, 2026.
• Production disclosure: Bitcoin production reported for the month of May 2026 (May 1–31, 2026) from CS Digital operations.
• Reporting transparency: Press release explains how production and hashrate figures are measured and reports hosting profit-share arrangements.
• Filing type: Regulation FD disclosure furnished on Form 8-K (Exhibit 99.1).

Why It Matters

• The filing confirms Olenox has begun reporting mining production from its newly acquired Bitcoin-mining subsidiary, which introduces a new operating segment and potential revenue source for the company.
• Hosting profit-share terms and the stated basis for production/hashrate reporting affect how mining output will convert into disclosed revenue and margins; investors should watch future monthly production reports and upcoming financial statements for actual financial impact.
• The seasonal operations and outlook note signals that production and hashrate can vary over time, so short-term monthly figures may not represent longer-term trends.