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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 gblonson Apr 30, 2021 8:06pm
339 Views
Post# 33106769

Understand the facts...

Understand the facts...I don't think people realize the value of what is in this financial statement...
Firstly they neted 7 cents a share, from what i see no miner that i can find turns anykind of profit, dont matter if its Hive or Whoever!
Second, There buying their shares back... Everyone else is deliuding their value issuing more shares and their doing the oppisite and purchased back 1.4 mill shares!
Probably also explains the reason you never hear anythnig about them cause they dont want the share price to climb up so they can buy them back as cheap as possible and profit for themselfs in the end! 
This company is building into a gem and the owners know it!

My 2 cents...
GLTA
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