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Cathedra Bitcoin Profile
Cathedra Bitcoin

@CathedraBitcoin

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Cathedra Bitcoin Inc. (TSX-V: $CBIT; OTC: $CBTTF) develops and operates compute infrastructure for #bitcoin mining and other applications across North America

Vancouver, British Columbia
Joined April 2018
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@CathedraBitcoin
Cathedra Bitcoin
10 months
Read the Company's bitcoin treasury strategy memo here:
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@CathedraBitcoin
Cathedra Bitcoin
12 days
Cathedra Bitcoin Announces Leadership Transition. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
2 months
Cathedra Bitcoin Announces First Quarter 2025 Financial Results. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
2 months
Cathedra Bitcoin Announces Conference Schedule for May 2025 . Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
3 months
Cathedra Bitcoin Repurchases Another 14.2 Million Warrants for Cancellation . Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
3 months
Cathedra Bitcoin Announces Fourth Quarter and Full-Year 2024 Financial Results; Filing of Restated Q3-2024 Interim Filings . Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
4 months
Lastly, Arch made the whole process incredibly easy. They worked with some unique challenges we had as we paid of our legacy convertible note and had funding available within 24 hours of depositing collateral. If you have any questions, drop them in the comments below. 7/7.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
4. Availability. Bitcoin-backed loans have shown more resilience than any other debt product available to bitcoin miners. There are a growing number of lenders competing to provide best-in-class products. And these products can be available to anyone with BTC (unlike other forms.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
3. No prepayment penalty. Unlike other offerings on the market, Arch’s loans have no prepayment penalty. This means Cathedra can refinance the loan whenever interest rates improve, at no additional cost. 5/.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
2. Collateral. Unlike other forms of debt, this Arch loan is secured only by the 50 BTC of collateral, which is held in a segregated wallet with a third-party custodian (and not rehypothecated). This ensures maximal flexibility for Cathedra to borrow against or liquidate other.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
1. Interest. At 13.0% interest, Arch is well within market for bitcoin-backed loans. We believe the cost of these loans will only decrease over time as secondary capital appreciates the low loss rates on these loans, even during times of market turmoil (e.g., fall 2022). 3/.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
At Cathedra, we have long explored bitcoin-backed loans as a financing option and the process of taking one out from Arch was incredibly easy. A few structural points below:. 2/.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
On March 24, Cathedra announced a US$2.5m BTC-backed loan as part of a broader transaction that allowed the company to retire its convertible debt at a 20% discount to par & cancel 10.9m outstanding warrants. Today we are happy to announce this new loan came from @ArchLending. 1/.
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@CathedraBitcoin
Cathedra Bitcoin
4 months
New PR.
@CathedraBitcoin
Cathedra Bitcoin
4 months
Cathedra Bitcoin Announces Favorable Debt Restructuring, Retiring C$5.7m of Convertible Debt at a Discount and Cancelling 10.9m Warrants. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
4 months
Cathedra Bitcoin Announces Favorable Debt Restructuring, Retiring C$5.7m of Convertible Debt at a Discount and Cancelling 10.9m Warrants. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
5 months
Cathedra Bitcoin Announces Sale of 60MW Bitcoin Mining Data Center in North Dakota. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
6 months
Cathedra Bitcoin Announces Partnership with @Synota_ . Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
7 months
Cathedra Bitcoin Announces Execution of New 10-Megawatt Power Purchase Agreement. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
8 months
Cathedra Bitcoin Announces Third Quarter 2024 Financial Results . Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
8 months
Cathedra Bitcoin Announces Commencement of OTCQB Trading. Read the complete news release here: $CBIT $CBIT.V $CBTTF
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@CathedraBitcoin
Cathedra Bitcoin
9 months
Cathedra Bitcoin Announces Completion of 60-Megawatt North Dakota Data Center . Read the complete news release here: $CBIT $CBIT.V $CBTTF
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