T-REX Acquisition Corp is a small Bitcoin mining company. T-REX earns revenue by contributing computing power (hash rate) to the Bitcoin blockchain network, which rewards miners with newly minted Bitcoin. T-REX generally converts mined Bitcoin to U.S. dollars shortly after receiving it rather than holding Bitcoin on its balance sheet. The company operates mining equipment at data centers, including a facility it acquired in Orofino, Idaho in early 2025. T-REX's profitability is driven by Bitcoin's price, the company's share of global network hash rate, energy costs, and hardware efficiency. Approximately every four years, the Bitcoin protocol cuts mining rewards in half (a "halving"), which directly reduces revenue per unit of hash rate unless Bitcoin's price rises to compensate. Beyond mining, T-REX is developing additional revenue streams, including co-location hosting (renting space and infrastructure to third-party miners), fabricating and selling deployable mining containers through its Sabretooth subsidiary, and other blockchain infrastructure services — though these are early-stage. T-REX is a very small operation with no full-time employees, relying on four consultants and three officers.
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