Cathedra Bitcoin Inc. is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol CBTTF. The OTCQX Best Market is the highest market tier of OTC Markets on which over 11,000 global securities trade. The Company anticipates that trading on the OTCQX will enhance the visibility of the Company’s common shares and increase accessibility of the Company to U.S. investors.
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Cathedra’s common shares will continue to trade on the TSX Venture Exchange under the symbol CBIT. Cathedra is also in the process of securing Depository Trust Company (“DTC”) eligibility for its common shares. DTC manages electronic clearing and settlement of publicly traded companies across the United States and 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades. United States investors can find current financial disclosure for the Company
Cathedra Bitcoin Inc. is a Bitcoin company that develops and operates world-class bitcoin mining infrastructure.
Cathedra believes sound money and cheap, abundant energy are the fundamental ingredients to human progress, and is committed to advancing both by working closely with the energy sector to secure the Bitcoin network. Today, Cathedra owns 187 PH/s across various sites around the United States and expects to deploy an additional 538 PH/s in 2022. Upon the full deployment of its purchased machines, Cathedra’s hash rate is expected to total 725 PH/s. The Company is focused on expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.
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Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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