T-REX Acquisition to Boost Crypto Mining Capacity by 450% with 3MW Data Center Buy
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T-REX Acquisition Corp. has entered into a definitive asset purchase agreement to acquire a 3-megawatt turnkey data center in Roberta, Georgia, from Cryptaugh LLC and Sonace LLC. This significant acquisition, which includes land and six mining containers, is expected to close by May 25, 2026. The company anticipates this purchase will increase its cryptocurrency mining capacity by up to an additional 450%. This strategic expansion is highly material for T-REX, especially given its recent 10-Q filing (February 23, 2026) which cited substantial doubt about its ability to continue as a going concern and a notice of default. The successful integration and operationalization of this new capacity will be critical for the company's future viability.
At the time of this announcement, TRXA was trading at $1.00 on OTC in the Crypto Assets sector, with a market capitalization of approximately $27.2M. The 52-week trading range was $0.05 to $4.94. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.