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The latest update is out from Innovation Beverage Group Ltd. ( (IBG) ).
On October 14, 2025, Innovation Beverage Group Ltd. announced a definitive merger agreement with BlockFuel Energy, Inc., a company involved in oil and gas exploration and power generation for Bitcoin mining and data centers. This merger will result in BlockFuel becoming a wholly owned subsidiary of IBG, with the combined entity trading under the ticker symbol ‘FUEL’ on Nasdaq. Post-merger, BlockFuel’s owners will hold approximately 90% of the new company’s shares, and the merger is expected to close in the fourth quarter of 2025. The transaction aims to enhance IBG’s market positioning and operational capabilities, with significant leadership changes anticipated as part of the merger.
The most recent analyst rating on (IBG) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Innovation Beverage Group Ltd. stock, see the IBG Stock Forecast page.
More about Innovation Beverage Group Ltd.
Innovation Beverage Group Ltd. operates in the beverage industry, focusing on the production and distribution of various beverage products. The company is based in Seven Hills, New South Wales, Australia.
Average Trading Volume: 2,354,797
Technical Sentiment Signal: Strong Sell
Current Market Cap: $7.97M
See more data about IBG stock on TipRanks’ Stock Analysis page.