Cathedra Bitcoin Announces Third Quarter 2025 Financial Results

Core Insights - Cathedra Bitcoin Inc. has reported its financial results for the three months ending September 30, 2025, highlighting significant operational milestones and strategic growth in the bitcoin mining and hosting sector [1][3]. Financial Performance - Total revenue for the quarter reached C$5.5 million [7]. - The company recorded a net loss of C$0.8 million, which is a reduction of C$3.2 million compared to the same period in 2024 [7]. Operational Developments - Cathedra completed a 30:1 consolidation of its issued and outstanding subordinate voting shares and multiple voting shares to streamline its capital structure, with a record date of October 14, 2025 [7]. - The construction of a new 15 MW data center was completed on time and under budget, increasing the existing power capacity of the portfolio by 50% [3][7]. - The company is advancing its pipeline of high-potential sites to expand its bitcoin mining and hosting infrastructure [7]. Strategic Focus - The company is restructuring its customer mix of hosting clients to optimize performance and profitability [3]. - Cathedra aims to scale its energy infrastructure to meet the growing demand for bitcoin mining and hosting services while exploring other productive uses of its expanding power portfolio [3]. - The company emphasizes leveraging innovative power strategies to optimize efficiency and reduce costs in a dynamic market [3].