Recent developments include the company's partnership with FMW Media Works LLC for public relations, a 12-part media series, uplisting to OTCQB Venture Market, and completion of asset acquisitions of Baoblock Inc. and Peak Digital Solutions LLC. The company also announced the acquisition of a 3-megawatt data center in Georgia scheduled to close by May 25, 2026.

• T-REX Acquisition Corp partnered with FMW Media Works LLC as its public relations and media expert in January 2026 [N6].
• The company signed a 12-part media series with New to The Street in December 2025 [N7].
• T-REX Acquisition Corp announced uplisting to OTCQB Venture Market trading in May 2025 [N8].
• Completed asset acquisitions of Baoblock Inc. in April 2025 and Peak Digital Solutions LLC in March 2025 [N7].
• Entered into an agreement to acquire a 3-megawatt turnkey data center in Roberta, Georgia, with closing scheduled on or before May 25, 2026 [S2].

The company has expanded its operations through acquisitions of data centers and mining equipment, positioning itself to participate in Bitcoin mining and related infrastructure services. Its strategic focus on diversifying revenue streams beyond mining into co-location hosting, equipment sales, and blockchain infrastructure could enhance business model resilience. Partnerships in media and uplisting to OTCQB may improve market visibility and access to capital.

The company has a history of operating losses and an unproven business model in a volatile and rapidly evolving industry. It faces significant competition from larger, better-capitalized miners and risks related to Bitcoin price volatility, regulatory changes, and technological shifts in the Bitcoin network. Liquidity ratios indicate financial constraints, and ongoing operational and legal risks, including a foreclosure action on a facility, may adversely impact business performance.

T-REX Acquisition Corp.'s moat is limited given the highly competitive and capital-intensive nature of the cryptocurrency mining industry. Competitors benefit from economies of scale, greater access to capital, and more extensive operating histories, which may enable them to secure lower energy costs and more efficient mining equipment. The company's recent acquisitions and strategic focus on co-location hosting and infrastructure development may provide some operational advantages, but the overall industry dynamics and technological risks constrain sustainable competitive advantages.

• Operating Losses and Unproven Business Model: The company has a history of unprofitable operations and an unproven business model in the cryptocurrency mining sector, with no assurance of sustained profitability.
• Industry Competition: The cryptocurrency mining industry is highly competitive with larger competitors having greater financial resources, operating histories, and access to capital, which may impact the company's ability to compete effectively.
• Bitcoin Price Volatility: The company's revenue and operating results are directly impacted by fluctuations in the value of Bitcoin, which may affect profitability.
• Regulatory Risks: Potential regulatory changes could impose significant compliance costs or operational restrictions, including requirements to register as a money services business or money transmitter.
• Technological and Network Risks: Changes or upgrades to the Bitcoin network protocol could adversely affect mining operations and profitability.
• Liquidity Constraints: As of March 31, 2026, the company reported a current ratio of 0.01 and cash ratio of 0.01, indicating limited liquidity to meet short-term obligations.
• Legal Proceedings: The company is subject to a foreclosure action on its Orofino facility with a default amount of approximately $335,000, which may impact operations if unresolved.
• Cybersecurity Risks: The company’s digital assets are subject to theft, loss, or destruction due to security vulnerabilities, with limited legal recourse or insurance coverage.

• T-REX Acquisition Corp. is a holding company focused on cryptocurrency mining and virtual asset acquisition, primarily mining Bitcoin since February 17, 2022, at a Tampa, Florida data center (Ace Hosting).
• The company was originally formed in 2008 as Plethora Resources, Inc., pivoted to cryptocurrency mining in June 2021, and changed its name to T-REX Acquisition Corp. in June 2022.
• Subsidiaries include Raptor Mining LLC (cryptocurrency mining operations and virtual asset acquisitions), Megalodon Mining and Electric LLC (investigating cryptocurrency co-location business), Sabretooth Mining Containers LLC (fabricates and markets deployable mining containers), Deinodon LLC, and TRXA Merger Sub, Inc. (inactive).
• Raptor Mining assumed operation of mining equipment and Megalodon assumed operations of a data center in Orofino, Idaho, with acquisition closing in March 2025, financed partly by promissory notes including one to the company president.
• The company’s strategic focus is on Bitcoin distributed ledger network operations and exploring additional distributed ledger protocols and infrastructure opportunities.
• Revenue is recognized based on the USD value of Bitcoin mining rewards on the date mined; the company seldom retains Bitcoin on its balance sheet, generally converting it to USD or using it for payments.
• The company plans to expand revenue streams beyond direct mining into co-location hosting, equipment sales, infrastructure development, SaaS, power curtailments, renewable energy credits, and other blockchain infrastructure opportunities.
• The cryptocurrency mining industry is highly competitive with competitors having greater financial resources, operating histories, and access to capital, which may impact T-REX’s ability to compete on pricing, energy costs, and access to mining hardware.
• The company has a history of operating losses and an unproven business model in a new and evolving industry, with no assurance of sustained profitability.
• The company faces risks from fluctuations in Bitcoin value, potential regulatory changes, competition for mining equipment and energy, and technological changes in the Bitcoin network protocol.
• The company acquired a 3-megawatt turnkey data center in Roberta, Georgia, with assets including land, mining containers, and an electrical services contract, scheduled to close on or before May 25, 2026.
• As of March 31, 2026, the company reported revenue of $705, net loss of $1,168,997, and diluted EPS of -$0.04. Current assets were $12,381 and current liabilities $1,918,001, resulting in a current ratio of 0.01 and cash ratio of 0.01, indicating liquidity constraints.
• The company has four consultants and three officers including the President and CFO Frank Horkey.
• The company has engaged in media partnerships and uplisted to OTCQB Venture Market trading in 2025.
• There have been no material changes in risk factors as of the latest quarterly filing.
• The company is subject to risks including regulatory compliance costs if deemed a money services business or money transmitter, cybersecurity risks related to digital assets, and potential legal proceedings including a foreclosure action on the Orofino facility.
• The company’s financial figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.