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Cathedra Bitcoin Inc ( (TSE:CBIT) ) just unveiled an announcement.
Cathedra Bitcoin Inc. announces a partnership with Synota Inc., a software company specializing in automated payments for the energy industry, to enhance its financial operations. This partnership will streamline Cathedra’s settlement processes, improve cash flow, and offer the flexibility of receiving payments in bitcoin or U.S. dollars, potentially enhancing its bitcoin accumulation strategy and reducing credit risk.
More about Cathedra Bitcoin Inc
Cathedra Bitcoin Inc. is a bitcoin company focused on developing and operating digital infrastructure assets across North America to maximize its per-share bitcoin holdings. It hosts bitcoin mining clients in data centers located in Tennessee, Kentucky, and North Dakota and operates proprietary mining machines. Headquartered in Vancouver, Cathedra trades on the TSX Venture Exchange and OTC market.
YTD Price Performance: 7.69%
Average Trading Volume: 547,792
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$59.94M
See more data about CBIT stock on TipRanks’ Stock Analysis page.