OLB...re-read my Oct 21 post...with Bitcoin @ Alltime highOLB is starting to look very interesting here...currently trading at $2.17 on 118K shs
Here is a snipette of the NR from 10/21/24.....
OLB Group Announces Public S-1 Filing for Proposed Spin-off of DMint, a Wholly Owned Bitcoin Mining Subsidiary
2024-10-21 07:03 ET - News Release
Shareholders of Record Date for DMint Stock Dividend to Be Announced at Later Date
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / OLB Group, Inc. (Nasdaq:OLB), a diversified FinTech e-commerce and business management solutions provider, announced today it has filed a Form S-1 with the Securities and Exchange Commission (the "SEC"), relating to the proposed spinoff of its wholly owned subsidiary, DMint, a Bitcoin mining facility, to OLB shareholders. Shareholders of record on the to-be-announced date will receive shares in the newly independent DMint. The shareholder record date for the spinoff has yet to be determined and will be announced at a future date.
DMint operates as a dedicated Bitcoin mining facility in Selmer, TN with a focus on sustainability and efficiency. The spinoff will allow DMint to operate independently, providing shareholders with direct exposure to the fast-evolving cryptocurrency sector. The company employs advanced technology and energy-efficient strategies to enhance mining productivity while minimizing environmental impact.
We believe the public filing of the S-1 represents a significant milestone in the spinoff process, underscoring OLB's commitment to delivering value to its shareholders through innovative strategies and cutting-edge ventures in the digital currency space.
For more information about DMint, please visit www.dmint.com. Included the link of the S-1 public filling: https://www.sec.gov/Archives/edgar/data/1996450/000121390024089099/ea0217748-s1_dmint.htm