2m 2m 2m 2m 2m 2m 2m
- N/AMarket Cap
- -93.12%1-Year Change
- Beverages - Wineries & DistilleriesIndustry
INNOVATION (IBG)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 60
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
IBG Stock Slides Despite BlockFuel Deal As Energy Pivot Takes Shape
Innovation Beverage Group (NASDAQ: IBG) acquired a 51% controlling stake in BlockFuel Energy Inc., advancing its strategic pivot from beverages to energy. The company issued warrants for 3.8 million shares and provided a $2.5 million loan to BlockFuel. Despite the deal, IBG shares fell 8.26% to $1.11, with short interest surging to 47.92% of float. Technical indicators show the stock trading 59.4% below its 20-day moving average and 86% below its 100-day average, reflecting ongoing weakness.
03/25/2026, 12:25 PM • Benzinga
Innovation Beverage Group (NASDAQ: IBG) announced progress on its merger with BlockFuel Energy, expected to close in Q1 2026. The combined company plans to leverage oil and gas production with digital mining infrastructure powered by natural gas. Ten wells are currently producing with seven more expected online by month-end, with first oil and gas sales anticipated in February 2026. BFE is also pursuing acquisition of additional producing oil fields to expand its portfolio.
02/11/2026, 8:00 AM • Benzinga
Innovation Beverage Group (NASDAQ:IBG) announced progress on its proposed merger with BlockFuel Energy, expected to close by end of Q1 2026. BlockFuel completed a $12.5 million acquisition of Oklahoma oil and gas assets with 46 producing wells, initiated natural gas power generation and digital asset mining operations, and signed a joint venture MOU with UAE-based Greenbelt Industries for cryptocurrency mining. BlockFuel also secured $2 million in equity financing from Aegis Capital.
01/20/2026, 4:05 PM • Benzinga
Innovation Beverage Group has signed a non-binding letter of intent to merge with BlockFuel Energy through a reverse triangular merger, which would result in BlockFuel's CEO becoming IBG's Chairman and CEO, with significant changes in company leadership and ownership structure.
09/23/2025, 10:57 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/03/2026
Company Profile
Innovation Beverage Group, together with its subsidiaries, engages in developing, manufacturing, selling, and exporting alcoholic beverages in Australia and the United States. The company offers bitters under the Australian Bitters Company and BitterTales brands; bottled cocktails under the Twisted Shaker brand; light spirits; and mixers. It also provides non-alcoholic beverages; non-alcoholic spirits under the Drummerboy brands; and other alcoholic beverages under the Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs brands. In addition, the company retails wines and spirits, as well as its other products, through its online marketplaces consisting of www.wiredforwine.com, www.bevmart.com, www.bevmart.com.au, and www.drummerboy.com. The company was formerly known as Australian Boutique Spirits PTY LTD and changed its name to Innovation Beverage Group Limited in June 2022. Innovation Beverage Group was incorporated in 2018 and is based in Seven Hills, Australia.
Key Executives
- Sahil Beri
- Tianyi Yu
- Genevieve Jodhan
Current Ownership Distribution
- Other307,676 (92.65%)
- Insiders24,400 (7.35%)
- Institutions0 (0.00%)
- Mutual Funds0 (0.00%)