Brief: Cathedra Bitcoin Says In Light Of Downturn In Bitcoin Mining Conditions, Has Temporarily Paused All Major Capital Expenditures
11/07/2022 22:39
July 11 (Reuters) - Cathedra Bitcoin Inc CBIT.V :
* CATHEDRA BITCOIN- INSTALLED 375 MACHINES FROM APRIL,MAY
BATCHES
OF BITMAIN ANTMINER S19J PRO MACHINES AT THIRD-PARTY DATACENTERS
IN TENNESSEE & KENTUCKY
* CATHEDRA BITCOIN PROVIDES OPERATIONAL AND CORPORATE
UPDATES
* CATHEDRA BITCOIN INC- IN LIGHT OF DOWNTURN IN BITCOIN
MINING
CONDITIONS, COMPANY HAS TEMPORARILY PAUSED ALL MAJOR CAPITAL
EXPENDITURES
* CATHEDRA BITCOIN INC- CONTINUES TO TAKE STEPS TO IMPROVE
ITS
OPERATING MARGINS AT NORTH DAKOTA MINE
Further company coverage: CBIT.V
((Reuters.Briefs@thomsonreuters.com;))
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