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Cathedra Bitcoin Inc ( (TSE:CBIT) ) has issued an announcement.
Cathedra Bitcoin Inc. has completed a 30:1 share consolidation of its subordinate and multiple voting shares, effective October 15, 2025. This move, which does not alter shareholders’ percentage interests, aims to streamline the company’s capital structure by reducing the number of shares outstanding. The post-consolidation shares will resume trading on the TSX Venture Exchange and OTCQB. This strategic decision is expected to enhance the company’s financial positioning and operational efficiency.
Spark’s Take on TSE:CBIT Stock
According to Spark, TipRanks’ AI Analyst, TSE:CBIT is a Neutral.
Cathedra Bitcoin Inc’s overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. The technical analysis suggests a bearish trend, further weighing down the score. The absence of positive earnings call insights or corporate events leaves the stock with limited upside potential.
To see Spark’s full report on TSE:CBIT stock, click here.
More about Cathedra Bitcoin Inc
Cathedra Bitcoin Inc. is a company that develops and operates digital infrastructure assets across North America. It hosts bitcoin mining clients in its data centers located in Tennessee and Kentucky, and has developed a 60-megawatt data center in North Dakota. The company also operates a fleet of proprietary bitcoin mining machines, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver, with its shares trading on the TSX Venture Exchange and the OTC market.
Average Trading Volume: 412,130
Technical Sentiment Signal: Sell
Current Market Cap: C$43.02M
For detailed information about CBIT stock, go to TipRanks’ Stock Analysis page.