Cathedra Bitcoin Announces Third Quarter 2025 Financial Results

Executive Summary

• Cathedra Bitcoin Inc. reported Q3 2025 total revenue of C$5.5 million, a modest increase versus prior periods.
• The company posted a net loss of C$0.8 million, an improvement of C$3.2 million compared with the same quarter in 2024.
• Completed a 30‑for‑1 consolidation of its subordinate voting and multiple voting shares (record date October 14 2025) and finished construction of a new 15 MW data center in Kentucky, raising portfolio power capacity by 50%.

Key Details

• Revenue: C$5.5 million for the three months ended September 30 2025.
• Net Loss: C$0.8 million, representing a reduction of C$3.2 million versus Q3 2024.
• Share Consolidation: 30:1 consolidation of issued and outstanding subordinate voting shares and multiple voting shares; record date October 14 2025.
• Data Center Expansion: Completed construction of a new 15‑MW data center in Kentucky, increasing total portfolio capacity by 50% (from ~30 MW to ~45 MW).
• Infrastructure Development: Ongoing advancement of high‑potential sites for bitcoin mining and hosting; pipeline includes bolt‑on expansions at existing locations and greenfield developments across multiple regions.
• Management Commentary: CEO Joel Block highlighted the share consolidation, on‑time/under‑budget data center build, restructuring of customer mix, and continued focus on scaling energy infrastructure to meet growing demand for bitcoin mining and hosting services.

Notable Quotes

“We successfully completed a 30:1 consolidation… and completed the construction of a new 15 MW data center on‑time and under budget, which effectively increases the existing power capacity of our portfolio by 50%.” – Joel Block, CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.