Cathedra Bitcoin Announces First Quarter 2025 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 30, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra," the "Company," or "we"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, today announces our first quarter ("Q1") financial results for 2025: Q1 2025 Financial HighlightsTotal revenues for the three months ended March 31, 2025, of C$6.5 million, compared to C$5.9 million during the three months ended March 31, 2024, an increase of...
2025-05-30 7:00 AM EDT
Cathedra Bitcoin Announces Conference Schedule for May 2025
Toronto, Ontario--(Newsfile Corp. - May 27, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased is to announce the following conference appearances in the month of May.Consensus 2025 (Toronto)Earlier in the month of May, Cathedra President & COO Drew Armstrong spoke on panels at CoinDesk's Consensus conference in Toronto on both Artificial Intelligence and...
2025-05-27 7:00 AM EDT
Cathedra Bitcoin Repurchases Another 14.2 Million Warrants for Cancellation
Toronto, Ontario--(Newsfile Corp. - May 7, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce that it has purchased for cancellation an aggregate of 14,205,000 subordinate voting share purchase warrants (the "Warrants") for an aggregate of US$75,002 (the "Transaction"). The Warrants had an exercise price of C$0.12. 5,000,000 of the Warrants were...
2025-05-07 7:00 AM EDT
Cathedra Bitcoin Announces Fourth Quarter and Full-Year 2024 Financial Results; Filing of Restated Q3-2024 Interim Filings
Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra," the "Company," or "we"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, today announces our fourth quarter ("Q4") and full-year financial results for 2024: Fiscal Year 2024 Financial HighlightsTotal revenues for the year ended December 31, 2024, of C$23.1 million, compared to C$15.0 million during the year ended December 31, 2023, an increase...
2025-05-01 9:06 AM EDT
Cathedra Bitcoin to Restate Q3-2024 Interim Filings
Toronto, Ontario--(Newsfile Corp. - April 27, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, announces that it intends to file restated financial statements, CEO and CFO certifications, and management discussion and analysis for the three and nine-month period ended September 30, 2024 (the "2024 Q3 Filings"), which shall amend and restate the 2024 Q3 Filings. The...
2025-04-27 5:00 PM EDT
Cathedra Bitcoin Announces Favorable Debt Restructuring, Retiring C$5.7m of Convertible Debt at a Discount and Cancelling 10.9m Warrants
Toronto, Ontario--(Newsfile Corp. - March 24, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), a bitcoin company that develops and operates digital infrastructure assets is pleased to announce that it has favorably restructured its outstanding indebtedness as set forth below. The Company entered into a repayment agreement dated March 19, 2024 (the "Repayment Agreement"), with the holder (the "Creditor") of the outstanding 3.5% senior secured convertible debentures of the Company due November 11, 2025 (the...
2025-03-24 7:00 AM EDT
Cathedra Bitcoin Announces Sale of 60-Megawatt Bitcoin Mining Data Center in North Dakota
Toronto, Ontario--(Newsfile Corp. - March 4, 2025) - (Block Height: 886,250) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce that the shareholders of Tirpitz Technology Holdco LLC ("Tirpitz" or the "JV"), a joint venture that owns and operates a 60-megawatt bitcoin mining data center in North Dakota (the "North Dakota Facility"), have entered...
2025-03-04 7:00 AM EST
Cathedra Bitcoin Announces Partnership with Synota
Toronto, Ontario--(Newsfile Corp. - January 21, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce a new partnership with Synota Inc. ("Synota"), a software company that provides automated payments for C&I energy and hosting contracts to reduce financial risk and deliver consistent cash flow.Partnership OverviewUnder the partnership, Cathedra will utilize Synota's tools to...
2025-01-21 7:00 AM EST
Cathedra Bitcoin Announces Execution of New 10-Megawatt Power Purchase Agreement
Toronto, Ontario--(Newsfile Corp. - January 6, 2025) - (Block Height: 878,000) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce that it has entered into a new 10-megawatt power purchase agreement (the "PPA") in connection with a potential greenfield bitcoin mining data center development in Tennessee. This would mark the Company's second site...
2025-01-06 7:00 AM EST
Cathedra Bitcoin Announces Third Quarter 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 28, 2024) - (Block Height: 872,350) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra," the "Company," or "we"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, today announces its third quarter ("Q3") financial results for 2024: Q3 2024 HighlightsTotal revenues for the three months ended September 30, 2024, of C$5.9 million, compared C$4.9 million during the three months ended September 30, 2023, an...
2024-11-28 5:00 PM EST
Cathedra Bitcoin Announces Commencement of OTCQB Trading
Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - (Block Height: 870,995) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce that its subordinate voting shares (the "Shares") are now trading on the OTCQB® Venture Market for entrepreneurial and development stage U.S. and international companies (the "OTCQB") under the ticker symbol CBTTF. The Company anticipates...
2024-11-19 7:00 AM EST
Cathedra Bitcoin Announces Completion of 60-Megawatt North Dakota Data Center
Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - (Block Height: 868,800) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce that it has energized the final 15 megawatts of capacity at its North Dakota bitcoin mining data center, marking the completion of the full 60-megawatt facility in which Cathedra is a 25% partner. The...
2024-11-04 7:00 AM EST
Cathedra Bitcoin Announces Operations Updates
Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - (Block Height: 868,000) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to provide the following updates: Operations UpdateNorth Dakota OperationsIn recent weeks, the Company has energized approximately 15 additional megawatts of capacity at its North Dakota data center, bringing the total energized capacity on-site to 45...
2024-10-30 7:00 AM EDT
Cathedra Bitcoin Announces Partnership with Compass Mining
Toronto, Ontario--(Newsfile Corp. - October 28, 2024) - (Block Height: 867,650) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce a new partnership with Compass Mining Inc. ("Compass Mining"), a leading provider of Bitcoin mining hardware, hosting, and services.Partnership OverviewUnder the partnership, Cathedra will host 10 megawatts of Compass Mining's equipment at one...
2024-10-28 7:00 AM EDT
Cathedra Bitcoin Announces Cancellation of Previously Announced Non-Brokered Offering
Toronto, Ontario--(Newsfile Corp. - October 18, 2024) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, announces that further to the Company's press release dated September 19, 2024, it will not be proceeding with the non-brokered private placement financing of 25,000,000 units of the Company at a price of C$0.10 per Unit. "We initially viewed a LIFE...
2024-10-18 7:00 AM EDT
Cathedra Bitcoin Announces Operations Updates
Toronto, Ontario--(Newsfile Corp. - October 10, 2024) - (Block Height: 864,950) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a Bitcoin-focused developer and operator of digital infrastructure assets across North America, is pleased to provide the following updates: Operations UpdateNorth Dakota OperationsIn recent weeks, the Company has energized approximately 20 additional megawatts of capacity at its North Dakota data center, bringing the total energized capacity on-site to 30 megawatts of the total expected 60 megawatts....
2024-10-10 7:00 AM EDT
Cathedra Bitcoin Announces Business Updates
Toronto, Ontario--(Newsfile Corp. - September 27, 2024) - (Block Height: 863,000) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a developer and operator of high-density compute infrastructure across North America, is pleased to provide the following updates:Strategy UpdateOn September 16, 2024, management published a memo outlining the Company's treasury strategy and formally adopting bitcoin holdings per share as the key metric which will guide future capital allocation decisions. The full memo can be found on the...
2024-09-27 7:00 AM EDT
Cathedra Bitcoin Announces Non-Brokered LIFE Offering of C$2.5 Million
Toronto, Ontario--(Newsfile Corp. - September 19, 2024) - (Block Height: 861,930) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra" or the "Company"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce a non-brokered private placement financing (the "LIFE Offering") of 25,000,000 units of the Company (the "Units") at a price of C$0.10 per Unit, for aggregate gross proceeds of C$2,500,000, with an option...
2024-09-19 7:00 AM EDT
Cathedra Bitcoin Announces Second Quarter 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 29, 2024) - (Block Height: 858,990) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTC Pink: CBTTF) ("Cathedra," the "Company," or "we"), a developer and operator of high-density compute infrastructure across North America, today announces our second quarter ("Q2") financial results for 2024: Q2 2024 HighlightsRevenue from bitcoin mining operations increased by 5% year-over-year to C$3.0 million, compared to C$2.9 million in Q2 2023.In response to weakened mining conditions following the fourth halving of Bitcoin's issuance rate...
2024-08-29 5:30 PM EDT
Cathedra Bitcoin Announces Operations and Corporate Updates and Repricing of Warrants
Toronto, Ontario--(Newsfile Corp. - August 19, 2024) - (Block Height: 857,523) - Cathedra Bitcoin Inc. (TSXV: CBIT) ("Cathedra" or the "Company"), a developer and operator of high-density compute infrastructure across North America, is pleased to provide the following updates: Operations UpdateTennessee OperationsOn August 22, 2024, the Company expects to conclude a hosting arrangement with a third-party operator in Tennessee pursuant to the terms of the hosting agreement. Upon conclusion of the agreement, the Company intends to relocate approximately 1,129 of...
2024-08-19 6:00 PM EDT