Key Highlights

  • About 114 percent: Olenox's (NASDAQ:OLOX) premarket gain on October 6, 2026 to USD 1.88, more than double the USD 0.88 close of October 5, simple arithmetic, with after-hours trading near USD 1.62, per published market data.
  • USD 20.6 million: CS Digital Ventures' 2025 Bitcoin Mining revenue, up from USD 3.9 million in 2024, according to financial statements Olenox filed after acquiring the Business on May 26, 2026 for about USD 30 million.
  • 15.63 bitcoin: the amount Olenox said it mined in August 2026, as it describes an energy-powered digital infrastructure strategy, with a letter of intent to expand its integrated energy and data-infrastructure platform, according to the company's September 17 update.
  • October 1, 2026: the date Olenox (NASDAQ:OLOX) filed a second amendment to its CS Digital 8-K to correct pro forma statement errors, including the labeling of the preferred stock and the earnout thresholds, according to the filing.

From Modular Buildings to Bitcoin

Olenox Industries, formerly Safe & Green Holdings, is based in Conroe, Texas and changed its name in January 2026. It historically sold modular structures and now describes segments in construction, technology, oil and gas, and environmental services. On May 26, 2026 it acquired CS Digital Ventures, a bitcoin mining business, for a package of Series D preferred stock, a seller note, warrants and an earnout, with total consideration of about USD 30 million. The shares trade on the Nasdaq Capital Market, and the company regained compliance with Nasdaq's periodic filing requirement earlier in 2026.

What the Filings Show

CS Digital's Revenue rose from USD 3.9 million in 2024 to USD 20.6 million in 2025. Olenox's own filings carry going-concern language, and its latest Quarterly Report notes risks from integrating a business of that size, a final valuation still pending and exposure to bitcoin prices and electricity costs. A corrected October 1 filing ties USD 10 million of earnout shares to USD 5 million of cumulative CS Digital revenue.

Why a Move This Large

Olenox has a Market Value near USD 1.5 million and a few employees, so small orders move the price sharply. The stock closed Monday at USD 0.88 and traded near USD 1.62 after hours, then reached USD 1.88 premarket, with no identified announcement for the surge. A bitcoin miner's results swing with the token price, and Olenox's Nasdaq compliance history, with a regained periodic filing status, adds listing risk.

Where Things Stand

Possibly in part, but the evidence is thin. Olenox Industries (NASDAQ:OLOX) now owns a bitcoin miner that earned USD 20.6 million in 2025, yet the company is tiny, carries going-concern language and had no identified announcement for the 114 percent premarket move on October 6, 2026. Bitcoin prices, electricity costs and the pending purchase accounting will drive the numbers. Next catalysts are the third quarter report, further monthly mining updates, the letter of intent progress and a Nasdaq matter dated October 13, 2026, as shown on one filing calendar. Mining results swing with bitcoin.