other material
confidence high
sentiment neutral
materiality 0.30
T-REX Acquisition updates Orofino data center burglary: insurance received, operations restored
T-REX Acquisition Corp.
- Insurance settlement of $63,434 received on Nov 12, 2025 for stolen miners and electrical panel.
- Digital breaker replaced Nov 17, 2025; full power restored immediately.
- All Raptor's and co-location miners back online approx. ten days later, mining Bitcoin and Litecoin.
- New state-of-the-art security system installed Dec 8, 2025, linked to local law enforcement.
- Management expects minimal short-term adverse impact; no impairment charge for fully depreciated assets.