CBIT Deleveraged balance sheet (no more US$ loan).
Expanding infrastructure capacity quickly (15 MW by Q4).
Opportunistic BTC liquidation (used gains to kill debt).
Cathedra Bitcoin Inc stock forum
CBIT Deleveraged balance sheet (no more US$ loan).
Expanding infrastructure capacity quickly (15 MW by Q4).
Opportunistic BTC liquidation (used gains to kill debt).
CBIT Cathedra is still a small-cap miner/infrastructure play, positioning itself as a “builder/operator” rather than a BTC-heavy treasury holder. The Q2 loss looks worse than reality because it’s FX accounting noise. The real story is: debt gone, capacity expanding by 50% in Q4, leadership change.CBIT Cathedra Bitcoin Repays Bitcoin-Backed Loan EarlyCompany: Cathedra Bitcoin Inc. (TSXV: CBIT, OTCQB: CBTTF)
Date of Announcement: July 18, 2025
Loan Repaid: July 17, 2025
Loan Amount: USD $2.56 million
Interest Rate: 13.0% per annum
Original Maturity Date: March 18, 2026
Loan Start Date: March 14, 2025
Collateral: ~50.5 BTC
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🔑 Key Highlights:
Cathedra liquidated ~21.6 BTC to fund the early loan repayment.
The remaining ~28.9 BTC collateral was returned to the company.
Since March 2025, Bitcoin’s price has increased by over 50%, prompting this strategic move.
CEO Joel Block stated that repaying the loan:
Improves the balance sheet
Positions the company for future strategic growth
Reflects proactive leadership in his early days at the helm
CBIT offers high-beta, high-growth exposure in a smaller-cap package. The ~$0.86M net loss suggests room to drive toward profitability.CBIT I'm looking to get in at .065
CBTTF Did you know that CBTTF has taken Microstrategy's approach?