OTC Markets Group Welcomes Cathedra Bitcoin Inc to OTCQX
February 16 2022 - 7:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets
for over 11,000 U.S. and global securities, today announced
Cathedra Bitcoin Inc. (“Cathedra” or the “Company”) (TSX-V: CBIT;
OTCQX: CBTTF), a bitcoin mining company, has qualified to trade on
the OTCQX® Best Market. Cathedra upgraded to OTCQX from the Pink®
market.
Cathedra begins trading today on OTCQX under the symbol “CBTTF”.
The company’s common shares will continue to trade on the TSX
Venture Exchange under the symbol “CBIT”. U.S. investors can find
current financial disclosure and Real-Time Level 2 quotes for the
company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S. investors.
For companies listed on a qualified international exchange,
streamlined market standards enable them to utilize their home
market reporting to make their information available in the U.S. To
qualify for OTCQX, companies must meet high financial standards,
follow best practice corporate governance and demonstrate
compliance with applicable securities laws.
No action is required from current Cathedra shareholders.
Securities Law USA, PLLC acted as the Company’s OTCQX
sponsor.
About Cathedra Bitcoin Inc.
Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) is a Bitcoin
company that develops and operates world-class bitcoin mining
infrastructure.
Cathedra believes sound money and cheap, abundant energy are the
fundamental ingredients to human progress, and is committed to
advancing both by working closely with the energy sector to secure
the Bitcoin network. Today, Cathedra owns 187 PH/s across various
sites around the United States and expects to deploy an additional
538 PH/s in 2022. Upon the full deployment of its purchased
machines, Cathedra’s hash rate is expected to total 725 PH/s. The
Company is focused on expanding its portfolio of hash rate through
a diversified approach to site selection and operations, utilizing
multiple energy sources across various jurisdictions.
For more information about Cathedra, visit cathedra.com or
follow Company news on Twitter at @CathedraBitcoin.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB®
Venture Market and the Pink® Open Market for over 11,000 U.S. and
global securities. Through our regulated OTC Link® Alternative
Trading Systems, the Company connects a diverse network of
broker-dealers that provide liquidity and execution services. We
enable investors to easily trade through the broker of their choice
and empower companies to improve the quality of information
available for their investors.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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