Cathedra Bitcoin, Inc. CBIT
$0.05
-6.6667
About Cathedra Bitcoin, Inc. (CBIT)
Cathedra Bitcoin, Inc. (TSXV: CBIT) is a diversified Bitcoin mining company uniquely positioned in the public markets with both on-grid and off-grid mining operations. As of Q4 2023, they had an acctive hashrate of 355 PH/s and a total power capacity of 9 MW across five locations. Cathedra leverages a mix of renewable energy sources and off-grid natural gas to optimize its mining efficiency. The company is known for its industry-leading underclocking technology, CathedraOS, which enhances operational efficiency and allows for profitable mining even in challenging market conditions. Cathedra is pioneering the integration of Bitcoin mining with energy production, partnering closely with the energy sector to secure the Bitcoin network while monetizing stranded and wasted energy resources. The company''s proprietary mobile data centers, known as "Rovers," provide a competitive advantage by offering flexible, resilient, and scalable mining solutions that can be deployed in remote locations, reducing dependency on traditional infrastructure. Founded in 2018, Cathedra has withstood multiple market cycles, emerging as a leader with a strong track record in Bitcoin mining. The company is focused on expanding its hashrate in a capital-efficient manner, accumulating one of the largest Bitcoin treasuries of any publicly listed company, and exploring additional Bitcoin-native products and services.
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