Olenox merges with CS Digital for mining growth

Olenox Industries has entered into a non-binding agreement to merge with CS Digital Ventures in a deal valued at $50 million, structured as an all-stock transaction. This strategic combination is specifically targeting expansion within the off-grid Bitcoin mining sector and the development of AI infrastructure. The merger aims to leverage synergies between the two companies to capitalize on emerging opportunities in decentralized computing and artificial intelligence, positioning them for significant growth.