Friday, October 02, 2026

T-Rex CEO: $25M Raise Could Fuel Major Bitcoin Mining Expansion in Georgia and Idaho

Oct 1, 2026

T-Rex Acquisition Corp. CEO David MacPhail discusses the company’s Bitcoin strategy, including a definitive agreement for a facility in Georgia and plans to maximize mining capacity at its existing Orofino, Idaho operation. T-Rex has engaged an investment bank to raise up to $25 million to help close the Georgia transaction and expand its mining footprint across both locations, with the company targeting completion by year-end.

MacPhail also discusses the evolving regulatory environment for cryptocurrency and his outlook for Bitcoin, while outlining T-Rex’s fourth-quarter priorities. Those include completing the Georgia acquisition, expanding mining capacity, pursuing additional financing support, and beginning to add Bitcoin to the company’s balance sheet.

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