Cathedra Bitcoin Inc (TSE:CBIT) has released an update.
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Cathedra Bitcoin Inc. has partnered with Compass Mining to host 10 megawatts of mining equipment at its data center in Kentucky. This partnership will involve profit-sharing in bitcoin, with plans to expand to additional sites. This collaboration is expected to enhance Cathedra’s bitcoin holdings and offer Compass Mining greater operational flexibility.
For further insights into TSE:CBIT stock, check out TipRanks’ Stock Analysis page.