Cathedra Bitcoin
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Bitcoin miner Cathedra Bitcoin: The Board of Directors has approved the settlement of the principal of some issued bonds into the company’s common shares
On February 22, the Bitcoin mining company Cathedra Bitcoin Inc. announced that the company’s board of directors had approved the settlement of the principal of some of the issued bonds into the company’s common shares, equivalent to (i) not more than 9.9% of the total outstanding shares at the time of settlement, and (ii) the settlement of the total bond principal of $2500000 into shares. The shares will be issued at a recognized price of US $0.135 per share. Interpretation of this information: Cathedra Bitcoin Inc. has released news that…