Cathedra Bitcoin Inc (TSE:CBIT) has released an update.
Cathedra Bitcoin Inc. has reported a robust financial performance for 2023, with a 24% increase in revenue from bitcoin mining and a significant 75% reduction in total debt. The company also made operational advancements by doubling its bitcoin mining hash rate and launching a new aftermarket software, positioning itself well for the upcoming Bitcoin Halving’s impact on mining economics.
For further insights into TSE:CBIT stock, check out TipRanks’ Stock Analysis page.
