Cathedra Bitcoin Inc V.CBIT

Alternate Symbol(s): CBTTF

Technology Software - Application

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

Cathedra Bitcoin Inc > FORTRESS ALLOW NOVANew1 TO DO YOUR DD FOR YA GOOF SUNSET

<< Previous

Bullboard Posts

Next >>

Comment by SunsetGrillon Feb 18, 2021 3:47pm

66 Views

Post# 32601302

RE:FORTRESS ALLOW NOVANew1 TO DO YOUR DD FOR YA GOOF SUNSET

Speaking of which (goofs) how many were mined after they stopped mining? I did not say they dont have bitcoin I posted an article stated BY THE COMPANY they stopped mining bitcoin.

Your a weird cat - the only one posting here

moneywagon wrote:
about 10 hours ago

@NovaNew1 the Company notes that it acquired 77.1 BTC on October 27, 2020 at a price of CDN$18,026 (approximately US$13,550). The 163.2 Bitcoin are worth approximately CDN$3,630,000 based on the Bitcoin price of US$17,100 and USD CAD exchange rate of 1.30. In total, as of November 26, 2020, the Company held approximately $11,060,000 in liquid assets (cash, digital currency and accrued interest from redeemable GICs), with a cash value per share of 15.8 cents per share. Since the Company acquired its Washington state facility, approximately 524 Bitcoin and 100 Bitcoin cash have been generated which has resulted in a total recorded revenue of US$3,656,093, up to and including November 24, 2020.