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Cathedra Bitcoin Inc CBTTF


Primary Symbol: V.CBIT

Cathedra Bitcoin Inc. is a Canada-based diversified bitcoin mining company. The Company has diversified bitcoin mining operations, which produce 382 Peta hashes per second (PH/s) across three states and five locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.


TSXV:CBIT - Post by User

Comment by blabbermouthon May 09, 2024 7:28am
98 Views
Post# 36030590

RE:I'm clueless

RE:I'm clueless From the PR....supposed to close by June 30th.  Time will tell

"Subsequent to the end of fiscal year 2023, on March 6, 2024, the Company entered into a binding share exchange agreement with Kungsleden Inc., a privately held developer and operator of bitcoin mining data centers. The combined company is expected to own and operate a 45-MW portfolio of bitcoin mining hosting data centers across four sites in three U.S. states, in addition to Cathedra’s 403 PH/s of existing bitcoin mining hash rate. The transaction is expected to close in the second quarter of 2024, subject to certain conditions precedent and customary regulatory and shareholder approvals"
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