T-REX Acquisition Corp. (TRXA: OTCQB) has successfully completed the refinancing of its Orofino, Idaho data center, a significant step for the company as it continues to expand its operations in the cryptocurrency mining sector. The refinancing was finalized on March 24, 2026, allowing the company to address a previous default on a promissory note secured by a Deed of Trust on the facility, which matured on May 15, 2025. The total amount due on the note was approximately $325,000, which included both principal and accrued interest. The new financing structure includes a $240,000 loan due on March 24, 2027, and an additional $128,000 due on June 20, 2027. This refinancing not only alleviates immediate financial pressures but also positions T-REX to focus on its growth strategy, which includes the acquisition of larger data centers and an increase in proprietary mining operations. Frank Horkey, President of T-REX, expressed optimism about the future, stating that with the new financing in place, the company can now advance its business model, including the fabrication and sales of custom-designed mining containers for deployment in rural and remote areas. The company plans to publish a press release detailing these developments on March 31, 2026, further informing stakeholders of its strategic direction and operational capabilities.

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