Bullboard - Stock Discussion Forum 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... see more

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TSXV:CBIT - Post Discussion

Cathedra Bitcoin Inc > Is FORT a buy or what!!

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Post by topgun on Oct 22, 2021 1:32pm

Is FORT a buy or what!!

7 containers cranking out BTC at $60,000 per BTC, plus cash on hand, plus $20 million coming in soon, plus five more containers still to come. You decide.

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Comment by TheeRook on Oct 25, 2021 3:05pm

FORT Announces CDN$20,000,000 ConvertibleDebenture Financing means that FORT is not making much mining BTC after paying wages and operational expenses.

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Comment by topgun on Oct 26, 2021 4:00pm

Hmm!! I guess these institutional investors invested $20 million in a company that's not making a lot of money mining BTC, even after doing their DD. makes perfect sense. lol. Maybe they should have spoken to Thee Rook before they invested.

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Comment by TheeRook on Oct 29, 2021 5:06pm

Financing is a debenture not a stock offering. Debt gets first crack at the assets.

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Comment by Rob0012 on Oct 29, 2021 6:22pm

40% gain i on my position in FORT...you can't get a clue of how much money it represents on paper for me...wow...My dry gin doesn't taste the same suddenly...LOL! The only matter is that CSE might be on them with such a sudden rise on huge volume and no news. Oh well, Monday will come and we'll have a better clue of what that spike really means and about its legitimity ...more

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Cathedra Bitcoin Inc