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Cathedra Bitcoin Inc V.CBIT

Alternate Symbol(s):  CBTTF

Cathedra Bitcoin Inc. is a Canada-based bitcoin company. The Company develops and operates a high-density compute infrastructure across North America. It hosts bitcoin mining clients across its portfolio of three data centers (30 megawatts total) in Tennessee and Kentucky. The Company operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 Peta hashes per second (PH/s) of hash rate. It is focused on expanding its portfolio of data center infrastructure for high-density compute applications, including bitcoin mining and artificial intelligence. The Company is focused on managing and expanding its portfolio of hash rates through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.


TSXV:CBIT - Post by User

Post by Flackeron Jan 09, 2021 8:45am
276 Views
Post# 32260777

Revenues

Revenues Their revenues are from selling Bitcoin they mined pre-2019 and subleasing their facility to WeHash technology for 25,000/month.

yes they will make money off of selling their Bitcoin but they are not mining and replenishing their stock. Anson funds isn't bailing for no reason.
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