T-REX Acquisition Corp. reported its financial results for the six months ending December 31, 2025, revealing total revenues of $11.4 million, a significant increase from zero revenues in the same period last year. The company generated $10.2 million from Bitcoin mining operations and recognized a realized gain of $1.2 million on Bitcoin held. Despite this revenue growth, T-REX reported a net loss of $1.4 million, compared to a loss of $729,242 in the prior year, indicating a widening deficit as the company continues to invest heavily in its operations.
The financial performance reflects a notable increase in operating expenses, which rose to $1.2 million for the six months ended December 31, 2025, compared to $620,749 in the same period of 2024. This increase was driven by higher professional fees, management consulting fees, and administration costs. The gross loss for the period was $96.8 million, primarily attributed to the costs associated with electricity, contract labor, and depreciation related to mining operations. The company’s total liabilities also increased significantly, reaching $2.1 million, up from $1.8 million as of June 30, 2025.
Strategically, T-REX has made several key developments, including the acquisition of a data center and co-location facility in Orofino, Idaho, through its subsidiary Megalodon Mining and Electric LLC. This acquisition, completed on March 4, 2025, is part of T-REX's strategy to expand its cryptocurrency hosting business model, which supports third-party miners. Additionally, the company formed new subsidiaries, including Sabretooth Mining Containers LLC and Deinodon Mining Solutions LLC, to enhance its operational capabilities in the cryptocurrency sector.
Operationally, T-REX has seen an increase in its customer base and user engagement metrics, although specific figures were not disclosed in the filing. The company’s employee headcount has also grown, reflecting its expansion efforts in the cryptocurrency mining and hosting sectors. As of December 31, 2025, T-REX had 27.2 million shares outstanding, an increase from 25.1 million shares as of June 30, 2025, indicating ongoing capital raising efforts to support its growth initiatives.
Looking ahead, T-REX Acquisition Corp. aims to continue its focus on Bitcoin mining and explore additional distributed ledger technologies. The company plans to leverage its recent acquisitions and operational expansions to enhance its market position in the cryptocurrency sector. However, the filing indicates that the company will need to manage its expenses carefully to mitigate further losses while pursuing its growth strategy.
About T-REX Acquisition Corp.
T-REX Acquisition Corp. is an emerging technology company focused on cryptocurrency mining and virtual asset acquisitions. Through its subsidiary Raptor Mining, it engages in Bitcoin mining, leveraging distributed ledger technology. The company explores co-location hosting, equipment sales, and blockchain infrastructure services, targeting the digital asset industry. Its core value lies in securing blockchain networks and capitalizing on cryptocurrency rewards within a highly competitive and evolving market.
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