Core Insights - T-REX Acquisition Corp has entered into a services contract with FMW Media Works for public relations and media support throughout 2026, including a comprehensive 12-part media series [1][2] Group 1: Media Series Details - The media series will consist of long-form executive interviews, earned media distribution, national television commercials, and outdoor billboard placements, aimed at providing T-REX with extensive exposure across various media channels [2][3] - Filming and production for the series will commence immediately, with initial segments expected to be broadcast in the near term [2] Group 2: Company Strategy and Goals - Each episode of the series is designed to allow T-REX's leadership to articulate its strategy, growth initiatives, and market positioning effectively [3] - The collaboration with FMW Media Works is intended to enhance T-REX's visibility and credibility, showcasing its growth strategy, new products, and business verticals to shareholders and the investment community [4] Group 3: Company Overview - T-REX Acquisition Corp operates as a growth stage, vertically integrated crypto mining business through its subsidiaries, which include Raptor Mining LLC, Megalodon Mining and Electric LLC, Sabretooth Mining Containers LLC, and Deinodon Mining Solutions LLC [5]

Core Viewpoint - Iren has experienced significant growth this year, driven by its shift towards AI infrastructure, but has recently faced a sharp decline in value, presenting a potential buying opportunity amid concerns about an AI bubble [1] Group 1: Current Market Dynamics - Recent losses for Iren and the broader AI market are influenced by unfounded rumors, particularly regarding Oracle's data center financing, which Oracle has clarified is still on track [2] - The impact of Oracle rumors has affected many AI stocks, but Iren maintains a strong financial position with a current ratio of 5.52, indicating its ability to meet current obligations [3] Group 2: Revenue Sources and Future Projections - Iren's revenue for the first quarter of fiscal year 2026 was heavily reliant on crypto mining, accounting for 97% of its $501 million revenue, making Bitcoin prices a short-term challenge [4][6] - Despite the current link between Iren's performance and Bitcoin prices, the company anticipates $3.4 billion in annual recurring revenue from AI cloud demand by the end of 2026, indicating a shift towards more sustainable revenue sources [6][7] Group 3: Industry Outlook - The demand for AI data infrastructure is expected to grow, with recent earnings reports from chipmakers indicating an acceleration in AI demand, which bodes well for Iren's future [7]

Global Crypto Mining News in October: Bitcoin mining profitability falls to record lows as hashrate hits new highs; Malaysia’s power theft for mining tops $1.1 billion; listed miners and rig makers like Bitdeer, Bitfury, Canaan, Marathon, Bitfarms, TeraWulf and others accelerate their pivot to AI/HPC, large-scale financing and government-linked energy projects, etc https://t.co/b4rFe2VgEJ ...

A new parliamentary tally shows power theft tied to crypto mining accelerating sharply since May’s warnings of rising illicit activity.Read more: https://t.co/THgpugr8jc ...

Core Insights - Malaysia's national utility firm Tenaga Nasional Bhd (TNB) has incurred losses exceeding $1.1 billion due to illegal power usage by crypto miners from 2020 to August 2023 [1][2] - A total of 13,827 premises were identified as illegally using electricity for cryptocurrency mining, primarily bitcoin [1][2] Enforcement and Response - TNB is collaborating with various enforcement agencies to combat electricity theft, which involves tampering with electricity meters or bypassing connections, violating the Electricity Supply Act [2][4] - A comprehensive database has been established by TNB to track owners and tenants at premises suspected of electricity theft related to bitcoin mining, aiding in operational inspections [3][4] - Joint operations with the Energy Commission, police, and other agencies have led to the seizure of bitcoin mining machines and the shutdown of numerous illegal setups, ensuring the stability of the power grid [4] Technological Enhancements - TNB is implementing smart meters at electricity distribution substations to monitor energy usage and detect manipulation in real time [4] - The company has proposed the use of artificial intelligence and predictive analytics to enhance detection capabilities by analyzing consumption patterns for suspicious energy usage [5] Trends in Power Theft - Power theft linked to illegal crypto mining has surged by 300% from 2018 to 2024, with detected cases increasing from 610 to 2,397 [6] - The average number of crypto-related electricity thefts is projected to be 2,303 per year from 2020 to 2024, with TNB receiving approximately 1,699 complaints related to crypto thefts between January 2020 and December 2024 [6][7] - Increased public awareness has contributed to the rise in complaints regarding illicit crypto mining activities [7]

Data Centers, Crypto Mining To Push Electricity Costs Higher In 2026 https://t.co/NjBh4qhgjx ...

Core Insights - Crypto mining stocks have significantly outperformed the broader stock market in 2023 as many companies in the sector shift their focus towards artificial intelligence [1] Group 1 - The pivot towards artificial intelligence by crypto mining companies has contributed to their strong performance in the stock market [1] - This trend indicates a strategic diversification within the industry, leveraging existing infrastructure for new technological advancements [1] - The overall market dynamics suggest a growing intersection between cryptocurrency mining and AI technologies [1]

American Bitcoin Corp. (ABTC) launched on the Nasdaq this past September, headed by brothers Eric and Donald Trump, Jr., with the company aiming to continue to add bitcoin (BTC-USD) to its balance sheet through crypto mining operations American Bitcoin co-founder and chief strategy officer Eric Trump and executive chairman Asher Genoot — who is also the CEO of bitcoin miner Hut 8 Corp. — speak with Yahoo Finance executive editor Brian Sozzi about the transformative power of the asset class, Genoot's mining ...

Global Crypto Mining News in October: Canaan secured its largest miner order in 3 years, Pavel Durov launched a GPU-powered AI network on TON, Bitdeer tripled its self-mining capacity. While new mining regulations emerged in New York and Canada, including tax proposals and energy usage restrictions, etc.https://t.co/AW7kbtSsp2 ...

Greenidge stock jumps 30% after New York settles air-permit battle over crypto mining operation https://t.co/zw1vMpgxzp ...