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T-REX Acquisition (OTCQB: TRXA) completes Idaho data center refinancing

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

T-REX Acquisition Corp. announced it has completed the refinancing of its Orofino, Idaho data center, which is operated through its wholly owned subsidiary Megalodon Mining and Electric LLC. The 6,500 square foot facility supports proprietary cryptocurrency mining for sister subsidiary Raptor Mining LLC and provides co-location services to outside crypto mining companies.

President Frank Horkey said that with the new financing in place, the company intends to focus on expanding its business model. Planned initiatives include acquiring larger data centers, increasing proprietary mining operations, and, through wholly owned subsidiary Sabretooth Mining Solutions LLC, beginning fabrication and sales of custom-designed mining containers for rural and remote deployment.

The company describes itself as a revenue-stage, multi-tiered vertically integrated crypto mining business operating through subsidiaries focused on proprietary mining, data centers and co-location services, mining container fabrication, and proprietary mining management software. Its common shares trade on the OTCQB Venture Market under the symbol TRXA.

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Insights

Refinancing removes uncertainty around a key data center and supports T-REX’s expansion plans.

The company reports it has completed refinancing of its Orofino, Idaho data center, a 6,500 square foot facility central to its proprietary and co-location crypto mining operations. While no terms are disclosed, completion of refinancing typically stabilizes funding around the asset.

Management links this refinancing to a strategic shift toward growth: acquiring larger data centers, scaling proprietary mining, and launching custom mining container fabrication via Sabretooth Mining Solutions LLC. Execution will depend on market conditions, regulatory developments, and financing availability as highlighted in the forward-looking statements section.

The vertically integrated structure—covering mining, data centers, containers, and management software—positions T-REX to capture multiple parts of the crypto mining value chain. Subsequent disclosures would need to quantify new facilities, container sales, or expanded mining capacity to assess the financial impact of these plans.

Data center size 6,500 square feet Orofino, Idaho data center operated by Megalodon Mining and Electric LLC
Press release date March 31, 2026 Date of refinancing completion announcement
Wholly owned subsidiaries 4 subsidiaries Raptor Mining, Megalodon Mining and Electric, Sabretooth Mining Containers, Deinodon Mining Solutions
cryptocurrency mining financial
"we facilitate proprietary cryptocurrency mining to our sister organization"
Cryptocurrency mining is the process where specialized computers secure and validate transactions on certain digital-currency networks by solving complex puzzles, and in return the miners are rewarded with newly created coins and fees. Think of it as a combination of an auditor and a mint: it keeps the ledger honest and introduces new currency. Investors watch mining because it affects a coin's supply and security, drives costs and profits for mining companies, and creates exposure to energy use and regulatory risk.
co-location services financial
"outside crypto mining companies seeking co-location services"
vertically integrated crypto mining business financial
"a revenue stage, multi-tiered vertically integrated crypto mining business"
OTCQB Venture Market financial
"common shares trade on the OTCQB Venture Market under the symbol"
The OTCQB Venture Market is a tier of the over‑the‑counter (OTC) trading platform that groups early‑stage, smaller companies that do not meet the stricter requirements of higher OTC tiers. It gives investors a way to buy and sell shares in these higher‑risk, less mature firms with generally lower reporting and transparency standards; think of it as a marketplace’s “starter lane” where potential is available but uncertainty and volatility are higher, so investors should expect greater risk and do extra homework.
forward-looking statements regulatory
"This press release contains statements that constitute “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

 

EXHIBIT 99.1

 

For Immediate Release

 

T-REX Acquisition Corp Completes Refinancing of its Orofino, Idaho Data Center

 

Plantation, Florida

 

March 31, 2026. T-REX Acquisition Corp. (TRXA : OTCQB) successfully completed the refinancing of its Orofino, Idaho data center. Through its wholly owned subsidiary, Megalodon Mining and Electric LLC, T-REX owns and operates a 6,500 square foot data center where we facilitate proprietary cryptocurrency mining to our sister organization and wholly owned subsidiary, Raptor Mining LLC as well as to outside crypto mining companies seeking co-location services.

 

Frank Horkey, President of T-REX Acquisition Corp. stated, “After diligently reviewing our options, we are pleased to announce that T-REX has successfully refinanced our Orofino, Idaho facility”. Mr. Horkey went on to say, “with this new financing in place, we can now focus on the expansion and advancement of our business model which includes the acquisition of larger data centers, an increase in our proprietary mining operations and through our wholly owned subsidiary, Sabretooth Mining Solutions LLC, begin the fabrication and sales of our custom designed mining containers for deployment in rural and remote areas”.

 

About T-REX Acquisition Corp. T-REX Acquisition Corp. is a revenue stage, multi-tiered vertically integrated crypto mining business. Through its wholly owned subsidiaries Raptor Mining LLC (proprietary crypto currency mining ), Megalodon Mining and Electric LLC (data centers and co-location services), Sabretooth Mining Containers LLC (fabricators of crypto mining containers for remote deployment) and Deinodon Mining Solutions LLC (proprietary crypto currency mining management software). The Company’s common shares trade on the OTCQB Venture Market under the symbol “TRXA”.

 

 

 

 

Forward Looking Statements

 

This press release contains statements that constitute “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include, but are not limited to, the Company’s expectations, beliefs, intentions, plans, forecasts, and projections regarding future performance, business strategy, acquisitions, the development and commercialization of technologies, growth opportunities, market trends, future liquidity, capital requirements, and other events or conditions that may occur in the future.  These forward-looking statements are inherently subject to risks, uncertainties, and assumptions. The Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, these statements. Among the factors that could cause actual outcomes to differ are, but are not limited to, market conditions, regulatory developments, competition, the ability to integrate acquisitions and realize expected benefits, the effectiveness of investments, financing availability, technological change, macroeconomic factors, and unforeseen events.

 

Investors and other readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation, and does not intend, to update or revise any forward-looking statement to reflect new information, future events, or otherwise, except as required by law

 

 

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FAQ

What did T-REX Acquisition Corp (TRXA) announce about its Idaho data center?

T-REX Acquisition Corp announced it has completed refinancing of its Orofino, Idaho data center. The facility, operated by subsidiary Megalodon Mining and Electric LLC, supports proprietary cryptocurrency mining and co-location services for external crypto mining customers.

How large is T-REX Acquisition Corp’s Orofino, Idaho data center (TRXA)?

The Orofino, Idaho data center operated by T-REX’s subsidiary Megalodon Mining and Electric LLC is 6,500 square feet. It hosts proprietary cryptocurrency mining for Raptor Mining LLC and provides co-location services to outside crypto mining companies seeking hosting capacity.

How does T-REX Acquisition Corp (TRXA) plan to use the new financing?

Management states that with the new financing in place, T-REX will focus on expanding its business model. Plans include acquiring larger data centers, increasing proprietary mining operations, and launching fabrication and sales of custom mining containers through Sabretooth Mining Solutions LLC.

What subsidiaries does T-REX Acquisition Corp (TRXA) operate in its crypto business?

T-REX operates a multi-tiered structure: Raptor Mining LLC for proprietary cryptocurrency mining, Megalodon Mining and Electric LLC for data centers and co-location services, Sabretooth Mining Containers LLC for mining container fabrication, and Deinodon Mining Solutions LLC for proprietary crypto mining management software.

On which market do T-REX Acquisition Corp (TRXA) shares trade?

T-REX Acquisition Corp’s common shares trade on the OTCQB Venture Market under the symbol TRXA. The company describes itself as a revenue stage, vertically integrated crypto mining business operating through several specialized wholly owned subsidiaries.

What growth initiatives did T-REX Acquisition Corp (TRXA) highlight after refinancing?

After completing refinancing of its Orofino facility, T-REX highlighted plans to acquire larger data centers, expand its proprietary cryptocurrency mining operations, and, via Sabretooth Mining Solutions LLC, begin fabricating and selling custom-designed mining containers for deployment in rural and remote locations.

Filing Exhibits & Attachments

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