T-REX Acquisition Corp is a holding company focused on cryptocurrency mining and virtual asset acquisition. The company operates in the Bitcoin distributed ledger network and explores additional distributed ledger protocols and infrastructure opportunities. It generates revenue by mining Bitcoin and converting the rewards into U. S. dollars or using them for third-party payments. The company does not typically retain Bitcoin on its balance sheet.

T-REX Acquisition Corp generates revenue primarily through cryptocurrency mining activities, specifically Bitcoin mining, where it earns mining rewards and recognizes revenue based on the USD value of those rewards on the date mined. The company also engages in virtual asset acquisition as part of its business strategy. Revenue is derived from the conversion of mined Bitcoin into fiat currency or its use in payments to third parties, with minimal retention of Bitcoin on the balance sheet.

The company operates through the following segments: Raptor Mining LLC, Megalodon Mining and Electric LLC, Sabretooth Mining Containers LLC, and Deinodon LLC.

• Raptor Mining LLC manages the company's cryptocurrency mining operations and virtual asset acquisitions.

• Megalodon Mining and Electric LLC was formed to investigate and potentially pursue a cryptocurrency co-location business model involving hosting third-party mining equipment in exchange for fees that may include cash and cryptocurrency.

• Sabretooth Mining Containers LLC focuses on fabricating and marketing deployable mining containers at the Orofino, Idaho facility.

• Deinodon LLC is a Florida limited liability company subsidiary, though its specific operational activities are not detailed in the provided filing text.

T-REX Acquisition Corp operates in a highly competitive cryptocurrency mining industry, facing competition from established publicly traded Bitcoin miners such as Marathon Digital Holdings Inc, Riot Platforms Inc, CleanSpark Inc, Hut 8 Mining Corp, Hive Blockchain Technologies LTD, and Iris Energy Limited. These competitors often have greater financial resources, longer operating histories, and better access to capital, enabling them to achieve economies of scale and lower energy costs. The company aims to remain competitive by exploring revenue streams beyond direct mining, including co-location hosting, equipment sales, infrastructure development, software-as-a-service, power curtailments, and renewable energy credits.

T-REX Acquisition Corp serves customers in the cryptocurrency mining and blockchain infrastructure sectors, including third-party miners seeking co-location services and entities interested in virtual asset acquisitions. The company does not disclose specific customer names in the provided filing text.