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NetworkNewsBreaks – Olenox Industries (NASDAQ: OLOX) Reports June Bitcoin Production Update

July 16, 2026 at 09:35 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Olenox Industries (NASDAQ: OLOX), a vertically integrated U.S. energy company, reported preliminary June Bitcoin production of approximately 14.92 BTC from the operations of CS Digital Ventures, with an average operational hashrate of approximately 1.06 EH/s. The company said fleet utilization was approximately 67% of economic capacity during the month as elevated temperatures increased low-power-mode operation and curtailment events at its Texas hosting site.

Olenox said the month-over-month decline in production was driven by seasonal operating conditions, including more frequent curtailments and expanded low-power-mode operation to protect mining equipment during periods of high ambient heat. The company expects fleet utilization and Bitcoin production to remain sensitive to summer temperatures before improving as conditions moderate later in the year, while continuing to advance its strategy of converting natural gas into compute at the point of generation.

To view the full press release, visit https://nnw.fm/AG6WQ

About Olenox Industries Inc.

Olenox Industries Inc. (NASDAQ: OLOX) is a vertically integrated energy company operating across multiple business lines, including oil and gas, energy services, and energy technologies. The Company is focused on acquiring, optimizing, and scaling energy-related infrastructure and operating assets across key U.S. markets.

NOTE TO INVESTORS: The latest news and updates relating to OLOX are available in the company’s newsroom at https://nnw.fm/OLOX

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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