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Cathedra Bitcoin Inc ( (TSE:CBIT) ) has issued an update.
Cathedra Bitcoin Inc. announced the successful passing of all resolutions at its 2025 Annual General Meeting, with significant shareholder participation. The election of directors, appointment of auditors, and approval of the amended long-term incentive plan were all confirmed, reflecting strong shareholder support and potentially reinforcing the company’s strategic direction and governance.
The most recent analyst rating on (TSE:CBIT) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Cathedra Bitcoin Inc stock, see the TSE:CBIT Stock Forecast page.
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, reflecting significant profitability and cash flow challenges. However, positive corporate events provide some optimism for future operational improvements and market positioning.
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 power and digital infrastructure assets across North America. It hosts bitcoin mining clients across a portfolio of four data centers in Tennessee and Kentucky, and operates a fleet of proprietary bitcoin mining machines, producing approximately 400 PH/s of hash rate. The company is headquartered in Vancouver and trades on the TSX Venture Exchange and the OTC market.
Average Trading Volume: 17,371
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$38.99M
See more data about CBIT stock on TipRanks’ Stock Analysis page.