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OFFON

THE OLB GROUP, INC.

(OLB)
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OLB Group announces Launch of Bitcoin Mining Operation with Initial 100 Antminer S19j Pro Cryptocurrency Asic Miners in Zero Carbon Data Center

10/19/2021 | 09:30am EST

The OLB Group, Inc. announced that DMint, Inc., a wholly-owned subsidiary of OLB ("DMint"), has initiated Bitcoin mining with its first one hundred (100) Antminer S19j Pro cryptocurrency mining computers. DMint anticipates having a total of 1,000 computers in operation at its newly installed Bradford, PA data center by the end of 2021 and projects to reach 24,000 Bitcoin mining computers in the next 24 months. As the U.S. overtakes China as the top destination for Bitcoin mining, OLB Group is at the forefront of institutional adoption as one of the first eCommerce merchants to host Bitcoin mining data centers. By applying innovative processes and their unique merchant services expertise, OLB’s entrance into the mining industry signals the next wave of mining operations in North America.


ę S&P Capital IQ 2021
All news about THE OLB GROUP, INC.
11/30OLB GROUP, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exh..
AQ
11/12OLB Group Inc. Reports Third Quarter, 2021 Revenues of $2.82 Million
BU
11/12OLB GROUP, INC. : Management's Discussion and Analysis of Financial Condition and Results ..
AQ
11/12The OLB Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ende..
CI
11/08OLB Group Announces Closing of $25 Million Private Placement Priced At-the-Market Under..
PU
11/08OLB GROUP, INC. : Entry into a Material Definitive Agreement, Unregistered Sale of Equity ..
AQ
11/08OLB Group Announces Closing of $25 Million Private Placement Priced At-the-Market Under..
BU
11/05The OLB Group, Inc. announced that it has received $25.000003 million in funding
CI
11/03OLB Group Announces $25.0 Million Private Placement Priced At-the-Market Under Nasdaq R..
PU
11/03OLB GROUP, INC. : Entry into a Material Definitive Agreement, Unregistered Sale of Equity ..
AQ
More news
Financials (USD)
Sales 2021 11,4 M - -
Net income 2021 -1,98 M - -
Net Debt 2021 8,50 M - -
P/E ratio 2021 -14,1x
Yield 2021 -
Capitalization 46,2 M 46,2 M -
EV / Sales 2021 4,79x
EV / Sales 2022 2,12x
Nbr of Employees 24
Free-Float 61,2%
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Technical analysis trends THE OLB GROUP, INC.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 4,29 $
Average target price 12,00 $
Spread / Average Target 180%
EPS Revisions
Managers and Directors
Ronny Yakov Chairman & Chief Executive Officer
Rachel Boulds Chief Financial & BSA Compliance Officer
George Kastisiaunis Independent Director
Ehud Ernst Independent Director
Amir Sternhell Independent Director
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