Cathedra Bitcoin Inc Stock Price, News & Analysis

Cathedra Bitcoin (OTCQB: CBTTF) announced the results of its 2025 Annual General Meeting held on December 12, 2025. All resolutions from the management information circular dated October 30, 2025 were approved by the requisite majority.

Election results show each nominee received between 99.39% and 99.90% votes for (e.g., Marcus Dent 99.90%). SRCO Professional Corporation was appointed auditor with 99.93% support. The Amended Long-Term Incentive Plan was approved unanimously on the votes reported.

Cathedra Bitcoin (OTCQB: CBTTF) announced corporate and operational updates on December 3, 2025, detailing new hosting deals, a site expansion, equity awards, and a closed private placement.

Key items: a new 10 MW hosting agreement with Sphere 3D Mining (initial onboarding began November 2025); continuation of a 10 MW hosting relationship with Compass Mining (partnership announced Oct 24, 2024); Brickyard site approval for a 5 MW expansion to 15 MW with construction starting in December 2025, targeting a company total of 50 MW power capacity.

Corporate finance: grants of 235,000 RSUs and 500,000 options at CAD 1.42; closed a non-brokered private placement of 430,000 units for gross proceeds of CAD 537,500 (warrants exercisable at CAD 1.88 for two years).

Cathedra Bitcoin (OTCQB: CBTTF) reported third quarter 2025 results for the three months ended September 30, 2025. Total revenue was C$5.5 million and the company recorded a net loss of C$0.8 million, an improvement of C$3.2 million versus the same quarter in 2024. Subsequent to quarter-end, Cathedra completed a 30:1 consolidation of its subordinate and multiple voting shares (record date October 14, 2025) to streamline its capital structure.

The company finished construction of a new 15 MW data center brought online by October 2025, which increased portfolio power capacity by 50% in Kentucky, and continues advancing a pipeline of site developments and hosting customer rebalancing to improve profitability.

Cathedra Bitcoin (TSXV: CBIT | OTCQB: CBTTF) completed a 30:1 share consolidation of its subordinate voting and multiple voting shares, effective October 15, 2025, with a record date of October 14, 2025.

Every 30 pre-Consolidation shares were converted into one post-Consolidation share; fractional shares were not issued and were rounded down. The Consolidation was applied uniformly and did not change percentage equity interests except where rounding removed fractional shares. Post-Consolidation shares resumed trading on the TSX Venture Exchange and OTCQB under CBIT and CBTTF respectively, effective October 16, 2025.

Cathedra Bitcoin (OTCQB: CBTTF), a digital infrastructure assets developer and operator, has formalized its relationship with CEO Joel Block through a new employment agreement. The agreement replaces the previous consulting arrangement established during his initial appointment.

As part of the employment terms, Block received a grant of 43,427,522 restricted share units (RSUs) convertible into subordinate voting shares. The RSUs will vest equally over three years, with portions vesting on the first, second, and third anniversaries of the grant date, subject to regulatory approval and securities laws.

Cathedra Bitcoin (OTCQB: CBTTF) has announced a 30:1 share consolidation of its subordinate voting shares and multiple voting shares. The consolidation is expected to take effect on October 15, 2025, with a record date of October 14, 2025, pending TSX Venture Exchange approval.

Under the consolidation, every 30 shares will be combined into one share, with fractional shares rounded down. The consolidation will not affect shareholders' proportional ownership in the company. Trading will continue under the same symbols "CBIT" on TSX Venture Exchange and "CBTTF" on OTCQB, but with a new CUSIP number. Shareholders holding shares in electronic form need not take any action.

Cathedra Bitcoin (OTCQB:CBTTF) reported its Q2 2025 financial results, with total revenue of C$5.2 million and a net loss of C$4.2 million. The loss was primarily attributed to a C$2.3 million unrealized foreign exchange loss from intercompany balance revaluations.

Key developments include the appointment of Joel Block as CEO and Chairman, prepayment of a US$2.56 million loan through the liquidation of 21.5 bitcoin, and execution of a lease agreement for a new 15-megawatt data center expected to increase power capacity by 50%. The company retained 28.9 bitcoin for working capital.

Cathedra Bitcoin (OTCQB: CBTTF) has announced the early repayment of its US$2.56 million bitcoin-backed loan on July 17, 2025. The loan, originally secured by 50.5 bitcoin and carrying a 13% annual interest rate, was set to mature in March 2026.

To facilitate the early repayment, the Company liquidated 21.6 bitcoin from its collateral, with the remaining 28.9 bitcoin returned to the Company. The decision was strategically timed to capitalize on bitcoin's 50% price appreciation since the loan's inception in March 2025.

Cathedra Bitcoin (OTCQB: CBTTF) has announced a significant leadership transition with the appointment of Joel Block as Chief Executive Officer and Chairman of the Board, effective July 10, 2025. Block replaces former CEO AJ Scalia and COO Drew Armstrong, who will remain as advisors during the transition period.

Block brings extensive experience from his previous role as CFO of US Bitcoin Corp, where he led the largest bitcoin mining merger with Hut 8 Corp. He also managed a $750 million spin-off of Celsius Network's bitcoin mining subsidiary and has significant experience in capital markets, data center operations, and bitcoin mining.

The Board expressed confidence in Block's leadership, citing his strategic vision, technical expertise, and track record of scaling businesses in volatile markets. The new CEO aims to focus on operational excellence and disciplined growth in the bitcoin mining sector.